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Can someone help me with this question please. Hart Company made 3,400 shelves using 22,400 pounds of wood costing $315,840. The company's direct materials standards

Can someone help me with this question please.image text in transcribedimage text in transcribed

Hart Company made 3,400 shelves using 22,400 pounds of wood costing $315,840. The company's direct materials standards for one shelf are 8 pounds of wood at $14.00 per pound. AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Standard Price 1. Compute the direct materials price and quantity variances along with the total direct materials variance. 2. Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs. Which direct materials variances will Hart investigate further? Complete this question by entering your answers in the tabs below. Compute the direct materials price and quantity variances along with the total direct materials variance. (Indicate the effect of each variance by favorable, unfavorable, or no variance.) Which direct materials variances will Hart investigate further

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