Pro Fender, which uses a standard cost system, manufactured 20000 boat fenders during 2016, using 146000 Square feet of extruded vinyl purchased at five purchased at $1.05 Per square foot. Production required 410 Direct labor hours that cost $15 per hour. The direct materials standard was seven square feet per fender, at a standard cost of $1.10 per square foot. The labor standard was 0.026 Direct labor hours for fender, at a standard cost of $14 per hour. Complete the costs and efficiency variances for Direct materials and direct labor. Does the pattern of variances suggest Pro Fender's managers have been making trade-offs? Explain.