Acoma, Incorporated, has determined a standard direct materials cost per unit of $8 ( 2 feet $4 per foot). Last month, Acoma purchased and used 4,200 feet of direct materials, for which it paid $15,750. The company produced and sold 2,000 units during the month. Required: Calculate the direct materials price, quantity, and spending variances. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Paradise Corporation has determined a standard labor cost per unit of $27 ( 0.50 hours $54 per hour). Last month, Paradise incurred 980 direct labor hours, for which it paid $26,705. The company produced and sold 2,700 units during the month. Required: Calculate the direct labor rate, efficiency, and spending variances. Note: 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. Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $12,100 and budgeted production of 40,000 units. Actual results for the month of October reveal that Cholla produced 39,000 units and spent $11,900 on fixed manufacturing overhead costs. Required: Calculate Cholla's fixed overhead spending variance. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Beverly Company has determined a standard variable overhead rate of $2.50 per direct labor hour and expects to incur 0.5 labor hours per unit produced. Last month, Beverly incurred 950 actual direct labor hours in the production of 2,000 units. The company has also determined that its actual variable overhead rate is $2.40 per direct labor hour. Required: Calculate the variable overhead rate and efficiency variances as well as the total amount of over- or underapplied variable overhead. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)