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PA9-1 (Algo) Calculating Direct Material, Direct Labor, Variable Overhead Variances (LO 9-3, 9-4, 9-5) Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Standard Price standard Quantity (Rate) Unit Cost Direct materials (clay) 1.70 lbs. $ 1.80 per lb. $ 3.06 Direct labor 1.70 hrs. $13.00 per hr. 22.10 Variable manufacturing overhead (based on direct labor hours) 1.70 hrs. $ 1.40 per he. Tixed manufacturing overhead ($356,500.00 - 155,000.00 units) 2.30 2.38 Barley Hopp had the following actual results last year, Wamber of units produced and sold Number of pounds of clay used cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Taxed Overhead coat 160.000 208,200 $547.580 205,000 $3,587.500 $ 310,000 $ 350,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. Variable overhead cost Pixed overhead cost $ 310,000 $ 350,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance).) Direct Materials Price Variance Direct Materials Quantity Varianco Direct Materials Spending Variance Heurs Required 2 > Complete this question by entering your answers in the tab: Required 1 Required 2 Required 3 Calculate the direct labor rate, efficiency, and total spending variance calculations. Indicate the effect of each variance by selecting "F" for (i.e., zero variance).) Direct Labor Rate Variance Direct Labor Efficiency Variance Direct Labor Spending Variance

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