Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Exercise 13

Refer to the information in Exercise 23-8 and compute the (1) direct materials price and (2) direct materials quantity variances. Indicate whether each variance is favorable or unfavorable.
Reference: Exercise 23-8
A manufactured product has the following information for June.

Compute the (1) standard cost per unit and (2) total cost variance for June. Indicate whether the cost variance is favorable or unfavorable.