Premium Guard, which used a standard cost accounting system, manufactured 200.000 boat fonders during the year, using 1.250,000 feet of extruded vinyl purchased at $1.10 per foot. Production required 4.100 direct labor hours that cost $17.00 per hour. The materials standard was 6 feet of vinyl per fender at a standard cost of 51 25 por fool. The labor standard was 0.026 direct labor hour per fender at a standard cost of $16.00 per hour Read the requirements Requirement 2. Does the pattern of variances suggest that the company's managers have been making trade-offs? Explain The direct materials price variance combined with the direct material quantity variance suggests that managers may have used materials. The net effect is Premium Guard, which used a standard cost accounting system, manufactured 200,000 boat fenders during the year, using 1,250,000 feet of extruded vinyl purchased at $1.10 per foot. Production required 4.100 direct labor hours that cost $17.00 per hour. The materials standard was 6 feet of vinyl per fonder at a standard cost of 51.25 per foot. The labor standard was 0.026 direct labor hour per fender at a standard cost of $16.00 per hour Read the regulaments materials. The net ettect is The direct labor rate variance combined with the workers who performed more efficiently. The net effect is direct labor efficiency variance suggests that managers may have used