The company where Anthony works produces skateboards locally but sells them globally for $60 each. Anthony is one of the production managers in a meeting to discuss preliminary results from the year just ended. Here is the information they had in front of them: Standard Quantity per Unit Standard Price Wood 2.00 feet $4.00 per foot Wheels 5.00 wheels $0.55 per wheel Direct labor 0.30 hours $15.00 per hour Actual results: Quantity of wood purchased, 155,500 feet; quantity of wood used, 150,500 feet. Quantity of wheels purchased, 372,400 wheels; quantity of wheels used, 351,400 wheels. Actual cost of the wood, $4.20 per foot. Actual cost of the wheels, $0.60 per wheel. Quantity of DL hours used, 22,400 hours; actual cost of DL hours, $16.20 per hour. Actual units produced, 70,000 skateboards. (a) Efficiency Varian Complete a variance analysis for DM (both wood and wheels) and DL, determining the price and efficiency variances for each; be sure to specify the amount and sign of each variance. DM- Wood DM- Wheels DL EA $ $ 1A LA Price Variance LA LA $ $ Efficiency Variance Complete a variance analysis for DM (both wood and wheels) and DL, determining the price and efficiency variances for each; be sure to specify the amount and sign of each variance. Price Variance $ LA $ 10 $