[The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Standard Quantity and Cost 6 pounds $9 per pound 2 DLH $16 per DLH Overhead 2 DLH $11 per DLH #3 Units manufactured Saved $ 187,900 Actual Results 50,300 pounds 59.10 per pound 16,300 hours $16.00 per hour 8,300 units Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price Actual Cost AQ AP 50,300 x $ 9.10 $ 457 730 S 0 S 0 0 S D Standard Cost Help Save &