Required Information Use the following information for the Exerclses below. (Algo) [The following information applles 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 materlals price varlance and (2) direct materlals quantity varlance. (Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance. Round "Cost per unit" answers to 2 decimal places.) AQSQAPSP=ActualQuantity=StandardQuantity=ActualPrice=StandardPrice