Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Price (Rate) 1.70 per lb $14.00 per hr. Standard Standard Unit Cost $2.72 22.40 Quantity 1.60 lbs. Direct materials (clay) 1.60 hrs. Direct labor Variable manufacturing overhead (based on direct 1abor hours) Fixed manufacturing overhead ($352,000.00 160,000.00 units) 2.08 $ 1.30 per hr. 1.60 hrs. 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 165,000 298,200 536,760 210,000 $3,780,000 $ 320,000 355,000 Fixed overhead cost Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley 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 hv selectina "F" for favorable. "U" for unfavorahle. and "None" for no effect