Question: Please provide the calculations including the math in the correct format so i can better understand and the detail for the requirements of this question

A Requirements Compute the price and quantity variances for direct materials. Compute the rate and efficiency variances for direct labor. Does the pattern of variances suggest that the company's managers have been making trade-offs? Explain. 2. Print Done Dock Guard, which used a standard cost accounting system, manufactured 190.000 boat fenders during the yearung 1.190 000 feet of extruded wyt purchased at $135 per foot Protection required 4 900 direct labor hours that cost $16.00 per hour. The material standard was 5 feet of vinyl per fender at a standard cost of $1.45 per foot. The labor standard was 0.028 direct bor hour per tenderata standard cost of $14.50 per hour Read the ents Requirement 1. Compute the price and quantity wanances for direct manas Compute theme and h ency variances for direct labor (Enter the warances as positive ubers Enter currency amounts to the nearest cent and your answers to the nearest wholedo Label the variances as avoratie ) or unfavorable (U) Abbreviations used OM Ovec males, DL - Director) Begin with the variances for dwect materials First determine the formula for the weet material price variance, then compute the price variance for det materials. (Assume that the quantity of materials purchased is equal to the quantity of materials used ) Actual quantity purchased x A ctual price Standard price ) - DM price variance 1.190,000 ${$ 135 145 $ 119 000 E Determine the formula for the direct materials quantity variance, the compute the quantity variance for direct materias OM quantty variance Choose from any list or enter any number in the input tolds and then click Check
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