A manufactured product has the following information for June. Standard Quantity and Cost 7 pounds $9 per pound $17 per DLH Direct materials: Direct labor 2 DLH Overhead 2 DLH $12 per DLH Units manufactured i Actual Results $ 190,000 54,400 pounds @ $9.20 per pound 15,100 hours @ $17.50 per hour 7,700 units 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 Actual Cost Standard Cost $ 0 $ 0 0 $ 0 Che