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[The following information applies to the questions displayed below.] Hart Company made 3,300 shelves using 22,300 pounds of wood costing $303,280. The company's direct materials
[The following information applies to the questions displayed below.] Hart Company made 3,300 shelves using 22,300 pounds of wood costing $303,280. The company's direct materials standards for one shelf are 8 pounds of wood at $13.50 per pound. AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Compute the direct materials price and quantity variances along with the total direct materials variance
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