Drexel Manufacturing produces a night stand that requires 4 feet of wood per unit. The standard price of one foot of wood is $ 10.50. During the month, 10,000 night stands were manufactured, using 43,600 feet at a cost of $10.55. Determine the (a) price variance, (b) quantity variance, and (c) cost variance. =2180F b) EQ Question 5 (Mandatory) (8 points)