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ANSWER ALL 3 QUESTIONS PLEASE Barley Hopp, Incorporated, manufactures custom - ordered commemorative beer steins. Its standard cost information follows: Barley Hopp had the following

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ANSWER ALL 3 QUESTIONS PLEASE
Barley Hopp, Incorporated, manufactures custom-ordered commemorative beer steins. Its standard cost information follows:
Barley Hopp had the following actual results last year:
Required:
Calculate the direct materials price, quantity, and total spending variances for Barley Hopp.
Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp.
Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp.
Complete this question by entering your answers in the tabs below.Barley Hopp, Incorporated, manufactures custom-ordered commemorative beer steins. Its standard cost information follows:
Standard Quantity Standard Price (Rate) Standard Unit Cost
Direct materials (clay)1.60 pounds $ 1.70 per pound $ 2.72
Direct labor 1.60 hours $ 10.00 per hour 16.00
Variable manufacturing overhead (based on direct labor hours)1.60 hours $ 1.10 per hour 1.76
Fixed manufacturing overhead ($273,000.00-: 105,000.00 units)2.60
Barley Hopp had the following actual results last year:
Number of units produced and sold 110,000
Number of pounds of clay purchased and used 188,200
Cost of clay $ 301,120
Number of labor hours worked 155,000
Direct labor cost $ 1,798,000
Variable overhead cost $ 210,000
Fixed overhead cost $ 275,000
Required:
Calculate the direct materials price, quantity, and total spending variances for Barley Hopp.
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