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Rocky Mountain Chairs Rocky Mountain Chairs is a privately held furniture manufacturer. For April 2019, Rocky Mountain had the following standard cost for a wicker chair. Direct Materials: Standard Cost per Chair $10.00 $17.50 Wicker 2 square yards 10 bands @$5.00 per sq. yd. @$1.75 per band Bands Direct Labor: Assembly Finishing hour 1 hour @$10 per hour @$7.50 per hour $5.00 $7.50 lo The following data were compiled regarding actual performance for the month of April: Actual chairs produced 2,000 Actual wicker purchased and used 3,700 sq. yds . @ $5.10 per sq. yd. 18,30 .19 Actual Bands purchased and used 20,075 @$1.70 per band 34,127,5 Actual assembly labor 900 hours @ $9.80 per hour 6, cao Actual finishing labor 2,500 hours @ $7.00 per hour 1,500 Required: 1. Calculate the price Variance and Quantity Variance for wicker. 2. Calculate the price Variance and Quantity Variance for bands. 3. Calculate the price Variance and Quantity Variance for assembly labor. 4. Calculate the Price Variance and Quantity Variance for finishing labor. Ab Acts my somic Ad So