Requlred Information

Use the following information for the Exercises below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

A manufactured product has the following information for June.

Exerclse $21-9($Algo$)$ Direct materlals varlances LO P$3$

Compute the $(1)$ direct materials price variance and $(2)$ direct materials quantity variance. $($Indlcate the effect of each varlance by

selecting favorable, unfavorable, or no varlance. Round "Cost per unit" answers to $2$ declmal places.$)$

$AQ=$ Actual Quantity

$SQ=$ Standard Quantity

AP $=$ Actual Price

$SP=$ Standard Price