[The following information applles to the questions displayed below] A manufactured product has the following information for June. Exercise 21-9 (Static) Direct materials variances LOP3 Compute the (1) direct materials price variance and,(2) direct materials quantity variance: (Indicate the effect of each variance by selecting favorable, unfovorable, or no varionce. Round "Cost per unit" answers to 2 decimal places.) AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP = Standard Price