Grand Display is a manufacturer of large flower pots for urban settings. The company has these standards (Click the loon to view the standards) Read the requireme (Click the loon to view the actual results) Requirement 1. Compute the direct material price variance and the direct material quantity variance Enter the variances assistive numbers Timer cuency amounts in the the and the round the f to the nearest whole dollar Label the variance as favorate ) or unfavorable (U) Abbreviations used DM Drect materials) First determine the formula for the price variance, then compute the price variance for direct materials DM price variance Requirements 1. Compute the direct material poce variance and the direct mality 2. Who is generally responsible for each vatance? X integral the variances Print Done