Question (or 5. 25.000 points Problem 10 m Direct Materials and Direct bor Variances. Computations from Incomplete Data lu01o 1.L010 21 Sharp company manufactures a product for which the following standards have been set Standard Quantity Standard Price Sta Direct materials 3 feet $5 per foot 15 per hour the production of company at of were worked on the 3,000 product. In addition, 4.600 hours of direct labor time product during the month. The cost of this labor tme was $34.500. The following variances have been computed for the month Materials quantity vanance $4,200 U Labor spending variance $3,900 U Labor eficiency variance 680 U O Ask me anything