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

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

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