Homework: Chapter 11 Homework Question 5, 611-23A (similar to) Puto HW Score: 1.429, 4.6 fps O Point of 1 Save Hut Guard, which used a standard cost accounting system, manufactured 240.000 boat fonders in the year 1,400,000 followtedyny pro Pro 400 hour. The models indard was fot of vinyl de atended cost of $1.40 per. The show and woodet beror der et Requirement. Complete price a quantt vores for director Complete and tired when we as power to the heart the fourt whow doeleinden fer un trend OMD, DCD) Begin with the vinces for decade the formula for the direct matrica, en congue se forma mode) > O proce aterials. Compute the rate and efficiency variances for direct labor. (Enter the variances as positive num Srable Abbreviations used DM = Direct materials D = Direct labor Requirements 1. Compute the price and quantity variances for direct materials. Compute the rate and efficiency variances for direct labor. Does the pattern of variances suggest that the company's managers have been making trade-offs? Explain. 2. Print Done