Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below] A manuactured product has the following information for June. Exercise 21.9 (Algo) Direct materials variances LO P3 Compute the (1) direct materials price variance and (2) direct materials quantity variance (Indicate the effect of each variance selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice Exercise 21-9 (Algo) Direct materials variances LO P3 Compute the (1) direct materals price variance and (2) direct materials quantity variance (Indicote the effect of eoch vorior selecting fovorable, unfovorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice