How do I calculate SQ?

Part 1 of 2 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] 1.11 points Hart Company made 4,300 bookshelves using 24,000 board feet of wood costing $271,200. The company's direct materials standards for one bookshelf are 6 board feet of wood at $11.20 per board foot. Exercise 23-13 Computation and interpretation of materials variances LO P2 eBook Hint AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Print (1) Compute the direct materials price and quantity variances incurred in manufacturing these bookshelves. I AQ Actual Cost X I 24,000 X SQ AP $ 11.30 AQT 24,000 X X SP $ 11.20 Standard Cost 1 x SP XX $ 11.20 271,200 268,800 $ 2,400 $ 0 Direct materials price variance Direct materials quantity variance Total direct materials variance $ 2,400 Unfavorable $ 0 Favorable Favorable