7 D Check my work Required information The following information applies to the questions displayed below) Hart Company made 3,260 bookshelves using 22,260 board feet of wood costing $298,284. The company's direct materials standards for one bookshelf are 8 board feet of wood at $13.30 per board foot. Goints eBook Hint AQ - Actual Quantity SQ - Standard Quantity AP = Actual Price SP Standard Price Print References (1) Compute the direct materials price and quantity variances and classify each as favorable or unfavorable. (2) Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs Which direct materiais variances will Hart investigate further? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances and classify each as favorable or unfavorable. (Indicate the effect of each variance by st ME 7 Check my work MOLIM VE Required information Required 1 Required 2 inta Compute the direct materials price and quantity variances and classify each as favorable or unfavorable. (Indicate the effect of each variance by se favorable, unfavorable, and no variance.) ook Actual Cost Standard Cost Print References 4 Begin Required 2 > Check my work 7 Required information AP Actual Price SP Standard Price po (1) Compute the direct materials price and quantity variances and classify each as favorable or unfavorable (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? H Complete this question by entering your answers in the tabs below. Wences Required 1 Required 2 Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs, which direct materiais variances will Hart investigate further? Which direct materiais variances will Hart investigate further?