Please answer in same table format. I only need required 1

Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Hart Company made 3,080 shelves using 22,080 pounds of wood costing $276,000. The company's direct materials standards for one shelf are 8 pounds of wood at $12.40 per pound. AQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice 1. Compute the direct materials price and quantity variances along with the total direct materials variance. 2. Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs. Which direct materials variances will Hart investigate further? Answer is not complete. Complete this question by entering your answers in the tabs below