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Requlred Information Use the following Information for the Exerclses below. (Algo) [The...

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Accounting

Requlred Information
Use the following Information for the Exerclses below. (Algo)
[The following information applies to the questions displayed below.]
A manufactured product has the following Information for June.
Exercise 23-9(Algo) Direct materials variances LO P3
Compute the (1) direct materlals price varlance and (2) direct materials quantity varlance.
Note: Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance. Round "Cost per unit" answers to 2 decimal pleces.
AQ= Actual Quantity
SQ= Standard Quantity
AP = Actual Price
SP = Standard Price
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