Tables 'R Us (TRU) manufactures tables. The Basic Table product line is a simple wood table that has 4 legs attached to a rectangle wood top. The following direct material standards have been adopted by TRU: Direct Materials (legs): 4.2 legs per table @ $6.40 per leg For November 2020, the actual results were as follows: Production of tables Direct materials purchased Direct materials used 100,000 Tables 600,000 legs @ $6.10 per leg 425,000 leg Required: A. Calculate the direct materials quantity variance (MQV): B. Calculate the direct materials price variance (MPV): C. Explain why the standard for legs per table is 4.2 legs per table, when a table only needs 4 legs. D. Give 1 reason to explain the observed MQV. Given your reason, what corrective action would you recommend to minimize this variance in the future? E. Give 1 reason to explain the observed MPV. Given your reason, what corrective action would you recommend to minimize this variance in the future