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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Hart Company made 4,500 bookshelves using 21,000 board feet of wood costing $241,500. The companys direct materials standards for one bookshelf are 5 board feet of wood at $11.40 per board foot. Exercise 8.13 C。mputation and interpretation of materials variances LO P2 1) Compute the direct materials price and quantity variances incurred in manufacturing these bookshelves. AQ- Actual Quantity SQ Standard Quantity AP= Actual Price SP Standard Price Actual Cost Standard Cost

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