Boat Guard, which uses a standard cost accounting system, manufactured 190.000 boenders during the year using 1,570,000 m of extruded my purchased at $1.45 permetre Production required 4,600 direct labour hours that cost $16.50 per hour. The materials standard was 8m of vinyl per fonder at standard cost of $150 per metre. The labour standard was 0.025 direct labour hour perfonder at a standard cost of $16.00 per hour. Compute the price and efficiency variances for direct materials and direct labour. Does the pattern of variances suggest Boat Guards managers have been making trade-offs? Explain Begin by determining the form for the price Vacances favourable ) or unfavourable range, the compute the price variances for direct materials (OM) and direct bour (DL). Enter the results as positive numbers Label Bach ).) ) Actual quantity of input Actual price per inputurit 145 Standard prico por input 150 DM 1570000 Price variano 78500E 2300 U 450D OL and direct labour DL) Enter the res positive number Label Next, dotermine the formula for the officiency variance, the compute the efficiency variances for direct materials each variances favourable (F) or unfavourable U):) I actual quantity of input standard quantity of input actual price per input unit - Monnoy varianco. 1.45 1570000 OM DLD 2300 od materials. The direct materials price variance combined with the direct materials ciclency variance suggests that managers may have The not efect is direct labore ncy variance gests that managers may have used workers who performed direct labour price variante combined with the more efficiently. The net effect is Choose from any list or unter any number in the input fields and then continue to the next