Hi, could you help me solve this problem? And explain it? Thank you.

Current Attempt in Progress Nash Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each, with the following DM and DL usage and price expectations. Direct materials 10 square yards per unit @ $5/square yard Direct labor 1.1 DL hours per unit @ $13/DL hour Throughout the year, Nash used 34,840 square yards of fabric in the process of making 3,350 tents. The company had originally planned to produce and sell 3,050 tents. In keeping with its desire to hold some DM Inventory at year-end, it purchased 36,900 square yards of canvas at $5.15 per square yard. Nash's DL cost totaled $50,190 for the 3,585 hours that were actually used. (a) Determine Nash's DM and DL price and efficiency variances; specify the amount and sign for all. DM DL Price to variance 5,535 Unfavorable Unfavora Efficiency 6700 Unfavorable $ variance e Textbook and Media List of Accounts Save for Later Last saved 3 seconds ago. Attempts: 0 of 5 used Submit Answer Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes.View Policies Current Attempt in Progress Nash Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each, with the following DM and DL usage and price expectations. Direct materials 10 square yards per unit @ $5/square yard Direct labor 1.1 DL hours per unit @ $13/DL hour Throughout the year, Nash used 34,840 square yards of fabric in the process of making 3,350 tents. The company had originally planned to produce and sell 3,050 tents. In keeping with its desire to hold some DM Inventory at year-end, it purchased 36,900 square yards of canvas at $5.15 per square yard. Nash's DL cost totaled $50,190 for the 3,585 hours that were actually used. (a) Determine Nash's DM and DL price and efficiency variances; specify the amount and sign for all. DM DL 5,535 Unfavorable $ Unfavorable 6700 Unfavorable $ e Textbook and Media List of Accounts Save for Later Last saved 3 seconds ago. Attempts: 0 of 5 used Submit Answer Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes