Acoma, Inc., has determined a standard direct materials cost per unit of $8.00 (2 feet x $4.00 per foot). Last month, Acoma purchased and used 4,430 feet of direct materials for which it paid $17,277. The company produced and sold 2,050 units during the month. Calculate the direct materials price, quantity, and spending variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to 2 decimal places.) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance Beverly Company has determined a standard variable overhead rate of $3.50 per direct labor hour and expects to incur 0.50 labor hour per unit produced. Last month, Beverly incurred 1,450 actual direct labor hours in the production of 3,000 units. The company has also determined that its actual variable overhead rate is $2.40 per direct labor hour. Calculate the variable overhead rate and efficiency variances as well as the total amount of over- or underapplied variable overhead. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Variable Overhead Rate Variance Variable Overhead Efficiency Variance Over-or Underapplied Variable Overhead