Help Save & Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.] Hart Company made 3,400 bookshelves using 23,000 board feet of wood costing $287,500. The company's direct materials standards for one bookshelf are 8 board feet of wood at $12.40 per board foot. Exercise 8-13 Computation and interpretation of materials variances LO P2 (1 Compute the direct materials price and quantity variances incurred in manufacturing these bookshelves. AQ Actual Quantity SO Standard Quantity AP- Actual Price SP Standard Price