Barley Hopp, Inc., manufactures custom ordered commemorative beer steins. Its standard cost information follows Standard Quantity 1.8 lbs. 1.8 hrs. Standard Price Standard (Rate) Unit Cost $ 1.99 per lb. $ 3.42 $ 11 per hr. 19.80 Direct materials (clay) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($396,000 + 180,000 units) 1.8 hrs. $ 1.1 per hr. 1.98 2.20 Barley Hopp had the following actual results last year: Number 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 Fixed overhead cost 185,000 338,200 676,400 230,000 $3,680,000 $ 360,000 380,000 Required: 1& 2. Calculate the fixed overhead spending variance and volume variance for Barley Hopp 3. Calculate the total over- or underapplied fixed manufacturing overhead for Barley Hopp. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 calculate the fixed overhead spending variance and volume variance for Barley Hopp. (Indicate the effect of each variance by Chapter 9 Graded Assignment Direct labor cost Variable overhead cost Fixed overhead cost $3,680, eee $ 360,000 $ 380,000 333 points Required: 1&2. Calculate the fixed overhead spending variance and volume variance for Barley Hopp 3. Calculate the total over- or underapplied fixed manufacturing overhead for Barley Hopp Skiped Complete this question by entering your answers in the tabs below. ebook Req 1 and 2 Reg 3 References Calculate the fixed overhead spending variance and volume variance for Barley Hopp (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero variance).) 1. Fred Overhead Spending Variance 2. Fored Overhead Volume Variance Req3 > Number of pounds of clay used Cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 338,200 $ 676,469 230,eee $3.680.000 $ 360,eee $ 380,000 Required: 1 & 2. Calculate the fixed overhead spending variance and volume variance for Barley Hopp. 3. Calculate the total over- or underapplied fixed manufacturing overhead for Barley Hopp. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Calculate the total over or underapplied fixed manufacturing overhead for Barley Hopp. (Do not round your intermediate calculations.) Fixed overhead Req 1 and 2