Saved 9 Required Information Use the following information for the Exercises below. [The following information applies to the questions displayed below. Hart Company made 4,000 bookshelves using 27,000 board feet of wood costing $297,000. The companys direct materials standards for one bookshelf are 8 board feet of wood at $10.90 per board foot Exercise 8-13 Computation and interpretation of materials variances LO P2 () Compute the direct matertols price and quantity vaniances incurred in manufacturing these bookshelves AQ = Actual Quantity sQ - Standard Quantity AP Actual Price SP-Standard Price ctual