A company manufactures frames and uses wood for the frames. During a recent month the company manufactured 3,000 frames using 4,000 feet of wood. The wood cost the company $6.000. The company's standards for one frame is 0.90 feet at a cost of $2.10 per foot. Calculate the following - for financial amounts do not use". For this problem, you should show decimots up to two to the right of the decimal (do not go beyond 2 digits to the right of the decimal) Complete the following table actual level of activity Standard Actuals Feet needed per unit 0.9 feet feet Feet needed in total feet4.000 feet Cost per foot 12.10 Total cost at level of activity 56,000 5. What is the materials price variance? (do not show as positiveegative) is this variance "on"UT answer only "F" or "U") 7. What is the materials quantity variance? (do not show as positiveegative) is this variance" or "U" Canswer only "For U)