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Barley Hopp, Incorporated, manufactures custom - ordered commemorative beer steins. Its standard cost information follows:Direct materials ( clay ) Direct laborVariable manufacturing overhead ( based
Barley Hopp, Incorporated, manufactures customordered commemorative beer steins. Its standard cost information follows:Direct materials clayDirect laborVariable manufacturing overhead based ondirect labor hoursFixed manufacturing overhead $: unitsStandard Quantity pounds hours hoursStandard Price Rate$ per pound$ per hour$ per hourStandardUnit Cost$ Barley Hopp had the following actual results last year:Number of units produced and soldNumber of pounds of clay purchased and usedCost of clayNumber of labor hours workedDirect labor costVariable overhead costFixed overhead cost$$ $ Required: Calculate the direct materials price, quantity, and total spending variances for Barley Hopp Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp.
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