Barley Hopp, Inc, manufactures custom-ordered commemorative beer steins. Its standard cost information follows. Standard Quantity 1.70 lbs. 1.70 hrs. Standard Price (Rate) $ 1.80 per 1b. $15.00 per hr Standard Unit Cost $ 3.66 25.50 Direct naterials (Clay) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead (5338,000.00 130,000.00 units) 1.70 hrs. $ 1.10 per hr 1.87 2.60 Book Terences 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 135,00 238,200 $ 404,940 150,000 $3,510,000 $ 260,000 $ 350,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Batley Hopp. 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rote, efficiency, and total spending variances for Bariey Hopp. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "" for favorable, "U" for unfavorable, and "None" for no effect (.e. zero variance)) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance RO Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, um for unfavorable, and "None" for no effect (1.c., zero variance).) Direct Labor Rate Variance Direct Labor Efficiency Variance Direct Labor Spending Variance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, un for unfavorable, and "None" for no effect (lie., zero variance). Variable Overhead Rate Variance Variable Overhead Efficiency Varlance Variable Overhead Spending Variance