Ch21 Homework 14.28 4 Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below Hart Company made 3340 shelves using 22.140 pounds of wood costing $283.392. The company's direct materials standards for one shelf are 8 pounds of wood at $12.70 per pound. Exercise 21-13 (Algo) Computing and analyzing materials variances LO P3 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. Next> Check my work Help Save & Exit Subay Check my work 4 Required information 1. Compute the direct materials price and quantity variances along with the total drect materials variance 14.28 Mc Graw 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 tabe below. Compute the direct materiais price and quantity variances along with the tatal direct materials variance. (Indicate the art of each variab favorable, unfavorable, or no variance) Actual Cost Standard C Ch21 Homework 4 Required information 14.28 points Seved Help Save & Exit Suba Check my w 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? eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Print References 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? Which direct materials variances will Hart investigate further?