Question: Please format the answer in the same way the question is asked so that it is easy to see where the correct information goes. Thank

Please format the answer in the same way the question is asked so that it is easy to see where the correct information goes. Thank you!

-. Required information (The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Actual (6 lbs. @ $8 per lb.) 53,400 lbs. @ $8.10 per lb. (3 hrs. @ $16 per hr.) 26,200 hrs. @ $16.40 per hr. (3 hrs. @ $12 per hr.) $322,000 8,800 Compute the direct materials price variance and the direct materials quantity variance. Indicate whether each variance is favorable or unfavorable. AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Actual Cost Standard Cost $ 0 $ 0 $ 0 0

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