Compute the direct materials price and efficiency variances for the quarter

2) Wilson's Winter Woolens manufactures jackets and other wool clothing. A certain designed ski parka requires the following: (10 MARKS} Direct materials standard 2 square yards at $1.150 per yard Direct manufacturing labor standard 1.5 hours at $20.09 per hour During the third quarter, the company made 1,5{10 parkas and used 3,150 square yards of fabric costing $39,335. Direct labor totaled 2,100 hours for $45,150. Required: a. Compute the direct materials price and efficiency variances for the quarter. 1:. Compute the direct manulacturing labor prioe and efficiency varianoes for the quarter