Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows:

	Standard Quantity	Standard Price (Rate)	Standard Unit Cost
Direct Materials (Clay)	1.70 lbs.	$1.80 per lb.	3.06
Direct Labor	1.70 hrs.	$11.00 per hr.	18.70
Variable Manufacturing Overhead (based on direct labor hours)	1.70 hrs.	$1.10 per hr.	1.87
Fixed Manufacturing Overhead ($420,500.00 145,000.00 units)			2.90

Barley Hopp had the following actual results last year:

Number of units produced and sold	150,000.00
Number of pounds of clay used	268,200.00
Cost of Clay	$455,940.00
Number of labor hours worked	195,000.00
Direct labor cost	$2,827,500.00
Variable overhead cost	$290,000.00
Fixed overhead cost	$440,000.00

Required:

1. 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 "F" for favorable and "U" for unfavorable.)

Direct Materials Price Variance
Direct Materials Quantity Variance
Direct Materials Spending Variance

2. 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 and "U" for unfavorable.)

Direct Labor Rate Variance
Direct Labor Efficiency Variance
Direct Labor Spending Variance

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/Overapplied and "U" for unfavorable/underapplied.)

Variable Overhead Rate Variance
Variable Overhead Efficiency Variance
Variable Overhead Spending Variance