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5. Part 12 Required information The following information applies to the questions displayed below Hart Company made 3.400 shelves using 22.400 pounds of wood costing $315,840. The company's direct materials standards for one shelf are 8 pounds of wood at $14.00 per pound AQ - Actual Quantity SQ Standard Quantity AP - Actual Price SP Standard Price 1. Compute the direct materials price and quantity variances along with the total direct materials variance 2. Mart applies management by exception by investigating direct materiais variances of more than 5% of actual direct materials costs Which direct materials variances wil Hart Investigate further? Complete this question by entering your answers in the tabs below. Required Terred 2 Compute the direct materials price and quantity variances along with the total direct materiais variance Indicate the effect of each variance by selecting favorable, voble, or variance) Actual Cost Standard Co 1 0 1 0 o . Required 2 > 5 0 Part 1 of 2 Required information [The following information applies to the questions allsplayed below) Hart Company made 3,400 shelves using 22,400 pounds of wood costing $315,840. The company's direct materials standards for one shelf are 8 pounds of wood at $14.00 per pound 8 points Skipped AQ - Actual Quantity so - Standard Quantity AP Actual Price SP Standard Price 1. Compute the direct materials price and quantity variances along with the total direct materials variance 2. Hart applies management by exception by investigating direct materiais variances of more than 5% of actual direct materials costs. Which direct materials variances will Hart investigate further? Book Hart Complete this question by entering your answers in the tabs below. Berces Required Required 2 Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs, which direct material variances will Hart investigate further? Which direct materiais variances wie Hart investigate further?