all requirements please

GrandScapes is a manulacturer of large flower pots for urban settings. The company has these standards: (Cick the icon to view the standards.) IClick the icon to view the actual resutts.) Read the ecurements. Requirement 1. Compute the drect material price variance and the direct material quantity variance. (Enter the variances as positive numbers. Enter currency amounts in the formila to the neares cent and then round the final variance amount to the nearest whole dollar. Label the variance as favorable (F) or unfuvorable (U). Abbreviations used: DM = Direct materiais) First determine the formsila for the price variance, then compute the price variance for drect matertats. ((11)=)=DMpricevariance Requirements 1. Compute the direct material price variance and the direct material quantity variance. 2. Who is generally responsible for each variance? 3. Interpret the variances. Actual Results Standards