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

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Accounting

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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 (Indicote the effect of each voriance by selecting fovorable, unfovorable, or no voriance. Round "Cost per unit" answers to 2 decimal places.) AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice selecting favorable, unfavorable, or no variance. AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice selecting favorable, unfavorable, or no variar AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice SQ=Standard Quantity AP= Actual Price SP= Standard Price Total variable overhead cost variance Variable overhead efficiency variance Variable overhead spending variance Volume variance

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