Hart Company made 3,000 bookshelves using 22,000 board feet of wood costing $266,200. The com- pany's direct materials standards for one bookshelf are 8 board feet of wood at $12 per board foot (1) Compute the direct materials variances incurred in manufacturing these bookshelves. (2) Interpret the direct materials variances. Exercise 24-7 Computation and interpretation of materials variances C2P? Check Price variance, $2,200 U