Use the following information for the Exercises below [The following information applies to the questions displayed below] Hart Company made 3,500 bookshelves using 26,000 board feet of wood costing $327,600. The companys direct materials standards for one bookshelf are 8 board feet of wood at $12.50 per board foot. Exercise 23-13 Computation and interpretation of materials variances LO P2 AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price (1) Compute the direct materials price and quantity variances incurred in manufacturing these bookshelves