All requirements please

Homework: HW #10 - Chapter 11 Save Score: 0 of 1 pt 9 of 10 (0 complete) HW Score: 0%, 0 of 10 pts E11-28A (similar to) Question Help GrandScapes is a manufacturer of large flower pots for urban settings. The company has these standards: E: (Click the icon to view the standards.) (Click the icon to view the actual results.) Read the requirements Requirement 1. Compute the direct material price variance and the direct material quantity variance. (Enter the variances as positive numbers. Enter currency amounts in the formula to the nearest cent and then round the final variance amount to the nearest whole dollar. Label the variance as favorable (F) or unfavorable (U). Abbreviations used: DM = Direct materials) First determine the formula for the price variance, then compute the price variance for direct materials. DM price variance Choose from any list or enter any number in the input fields and then click Check Answer. ? 4 parts remaining Clear All Check Answer se standards: Requirements al results.) 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. ariance. (Enter the variances as positive numbers. Enter currency amounts in the formula to the nearest cent and then round the final variance amour Direct materials) haterials X Actual Results - Print Done DM price variance = Standards 16 pounds per pot at a cost of $5.00 per pound Direct materials (resin). Direct labor.... GrandScapes allocated fixed manufacturing overhead to production based on standard direct labor hours. Last month, the company reported the following actual results for the production of 1,800 flower pots Purchased 29,760 pounds at a cost of $5.40 per pound; Direct materials. used 29,160 pounds to produce 1,800 pots Worked 2.5 hours per flower pot (4,500 total DLH) at a Direct labor..... cost of $15.00 per hour Actual variable manufacturing $7.50 per direct labor hour for total actual variable overhead manufacturing overhead of $33,750 Actual fixed manufacturing overhead $37,200 Standard fixed manufacturing overhead allocated based on actual production....... $39,600 Standard variable manufacturing overhead rate Budgeted fixed manufacturing overhead 2.0 hours at a cost of $18.00 per hour $7.00 per direct labor hour $37,600 Standard fixed MOH rate.. $11.00 per direct labor hour (DLH) Print Done Print Done parts Clear All Check An