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

PA9-1 Calculating Direct Material, Direct Labor, Variable Overhead Variances [LO 9-3, 9-4. 9-5] Barley Hopp, Inc, manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Standard Price Quantity 1.70 Ibs. 1.80 per lb. 170 hrs 13.00 per hr 70 hrs. S1.10 per hr Standard Unit Cost $ 3.06 22.10 1.87 (Rate) Direct materials (clay) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($276,000.00 2.30 120,000.00 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 Direct lahor cost Variable overhead cost Fixed overhead cost 125,000 218,200 S 370,940 170,000 $2,805,000 S 240,000 S 300,000 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 Materia's Price Variance Direct Materia's Quantity Variance Direct Materials Spending Variance