Required information

Use the following Information for the Exerclses below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

A manufactured product has the following information for June.

Exerclse $21-9($Algo$)$ Direct materlals varlances LO P$3$

Compute the $(1)$ direct materlals price varlance and $(2)$ direct materlals quantity varlance. $($Indicate the effect of each varlance by

selecting favorable, unfavorable, or no varlance. Round "Cost per unit" answers to $2$ decimal places.$)$

$AQ=$Actual Quantity

$SQ=$ Standard Quantity

AP $=$ Actual Price

SP $=$ Standard Price