9 3 points 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 Price (Rate) Standard Unit Cost $ 3.42 19.80 8 02:35:04 Direct materials (clay). Standard Quantity 1.80 lbs. Direct labor 1.80 hrs. $ 1.90 per lb. $11.00 per hr. Variable manufacturing overhead (based on direct labor hours) 1.80 hrs. $ 1.10 per hr. 1.98 eBook Print References Fixed manufacturing overhead ($396,000.00 180,000.00 units) 2.20 Barley Hopp had the following actual results last year: Number of units produced and sold 185,000 Number of pounds of clay used 338,200 Cost of clay $ 676,400 Number of labor hours worked 230,000 Direct labor cost $3,680,000 Variable overhead cost $ 360,000 Fixed overhead cost $ 380,000 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.