Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Standard Price Quantity ,60 lbs.1.70 per lb. 1.60 hrs. 11.00 per hr Standard Unit Cost 2.72 17.60 1.76 Rate) Drect materials (clay Drect labor Variable manufactuning overhead (based on direct labor hours) 6 1.10 per hr Fixed manufacturing overheed ($275,000.00 2.50 110,000.00 units) 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 Drect labor cost Variable overhead cost Fxed overhead cost 115,000 198,200 $ 317,120 160,000 $2 080,000 $ 220,000 S 280,000 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 Diredt Materials Spending Variance