Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] A manufactured product has the following information for June. Exercise 21-9 (Algo) Direct materials variances LO P3 Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicote the effect of each variance by selecting fovorable, unfavorable, or no variance. Roujn'd "Cost per unit" answers to 2 decimal places.) AQ= Actual Quantity SQ= Standard Quantity AP = Actual Price SP = Standard Price AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Standard Price