Requlred Information [The following information applies to the questions displayed below] Hart Company made 3.180 shelves using 22,180 pounds of wood costing $288.340. The company's direct materials standards for one shelf are 8 pounds of wood at $1290 per pound. AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice 1. Compute the direct materiais price and quantity variances olong with the total direct materials variance. 2. Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs. Which direct materials variances will Hart investigate further? Complete this question by entering your answers in the tabs below. Compute the direct materials price and quantity variances along with the total direct materials variancer. Notei indicate the eftect of each variance by seiecting favorable, unfavorable, or no variance. Requiled information [The following information applies to the questions displayed below] Hart Company made 3,180 shelves using 22,180 pounds of wood costing $288,340. The company's direct materials standards for one shelf are 8 pounds of wood at $12.90 per pound AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Standard Price 1. Compute the direct materials price and quantity variances along with the total direct moterials voriance. 2. Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materiais costs. Which direct materiais vanances will Hart investigate further? Complete this question by entering your answers in the tabs below. Hart applins management by exception by investigating direct materials variances of more than 5% of actual direct materials costa. Which direct materials variances will Hart investigate further? Which decect materials variances will Han inveatgain turther