Requlred 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.

Exercise $23-9($Algo$)$ Direct materials variances LO P$3$

Compute the $(1)$ direct materlals price varlance and $(2)$ direct materials quantity varlance.

Note: Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance. Round "Cost per unit" answers to $2$ decimal pleces.

$AQ=$ Actual Quantity

$SQ=$ Standard Quantity

AP $=$ Actual Price

SP $=$ Standard Price