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A. (25 pts.) Shoreline Co.'s standards for varnish for the production of walnut tables is: The following actual costs for varnish for the production 24,800

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A. (25 pts.) Shoreline Co.'s standards for varnish for the production of walnut tables is: The following actual costs for varnish for the production 24,800 tables were incurred in November 2018: Required: Calculate the following variances for direct materials for November, indicate whether they are favorable or unfavorable. 1. Direct Material Price Variance. 2. Direct Material Quantity Variance

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