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Required information [The following information applies to the questions displayed below.] A manufactured...

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Accounting

Required information
[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. (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
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