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)	1.80	lbs.	$	1.90	per lb.	$	3.42
Direct labor	1.80	hrs.	$	11.00	per hr.		19.80
Variable manufacturing overhead (based on direct labor hours)	1.80	hrs.	$	1.10	per hr.		1.98
Fixed manufacturing overhead ($396,000.00 180,000.00 units)							2.20

Barley Hopp had the following actual results last year:

Number of units produced and sold		185,000
Number of pounds of clay used		338,200
Cost of clay	$	676,400
Number of labor hours worked		230,000
Direct labor cost	$	3,680,000
Variable overhead cost	$	360,000
Fixed overhead cost	$	380,000

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.) 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.) 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.)

Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Standard Price Standard Quantity Rate Unit Cost Direct materials (clay) 1.80 lbs. S 90 per lb. 3.42 Direct labor 1.80 hrs. S 00 per hr. Variable manufacturing overhead (based on s 1.10 per hr direct labor hours 1.80 hrs. 9,80 1.98 Fixed manufacturing overhead ($396,000.00 2.20 180,000.00 units Barley Hopp had the following actual results last year: 185,000 Number of units produced and sold Number of pounds of clay used 338,200 Cost of clay 676.400 Number of labor hours worked 230,000 Direct labor cost $3,680,000 Variable overhead cost 360,000 3B0,000 Fixed overhead cost 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 Answer is complete but not entirely correct 17,820X F X Direct Materials Price Variance Direct Materials Quantity Variance 21,200X U 3,300x u 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 Answer is complete but not entirely correct 225,000X U Direct Labor Rate Variance 180,000XF Direct Labor Efficiency Variance U 45,000X Direct Labor Spending Variance