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Required informotion [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Compute the (1) direct materials

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Required informotion [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Compute the (1) direct materials price varlance and (2) direct materials quantity variance. (Indicate the effect of each vorionce by selecting fovoroble, unfovorable, or no variance. Round "Cost per unit" onswers to 2 decimal places.) AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice selecting fovorable, unfovorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice

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