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In: AccountingWarrier Gear manufactures clothing. A flannel shirt requires thefollowing:Standard Direct Materials 2 square yards...Warrier Gear manufactures clothing. A flannel shirt requires thefollowing:Standard Direct Materials 2 square yards at $15 per yardStandard Manufacturing Labor 1.5 hours at $25 per hourDuring the third quarter, the company made 1,500 shirts and used3,200 square yards of fabric costing $44,800. Direct labor totaled2,100 hours for $56,700.Required:(A) Compute the direct materials price and efficiencyvariances for the quarter. Show all computations.(B) Compute the direct manufacturing labor price andefficiency variances for the quarter. Show allcomputations.(C) Describe 2 possible reasons for each of thefollowing variances direct materials price variance, directmaterials efficiency variance, direct manufacturing labor pricevariance, and direct manufacturing efficiencyvariance.