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Hart Company made 3,140 shelves using 22,140 pounds of wood costing $283,392. The company's direct materials standards for one shelf are 8 pounds of

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Hart Company made 3,140 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

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