Quality Guard, which uses a standard cost accounting system, manufactured 210,000 boat fenders during the year, using 1.780.000 m of extruded vinyl purchased at 15 permetre Production pred 4.700 de euro that cont 13.50 per hour The materials standard was mof vinyl perfonder at a standard cost of $120 permetre Thelbow standard was 0021deed about how perfonder of a standard 11700w how Compute the price and efficiency variances for direct materials and direct labour Does the pattern of variances Outy Gards managers have been making tradeoffs? Explan Begin by determining the formula for the price variance, then compute the price variances for direct materials (DM) and direct labour (DE) (Enter the results as positive numbers Label each variance as trouble or unfavourable()) (Actual proper Input it Standard price per unit) Actualquantity of input - Prics variance DE Jx