Barley Hopp, Incorporated, manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Unit Standard Quantity Standard Price (Rate) Direct materials (clay) Direct labor 1.70 pounds $ 1.80 per pound Cost $ 3.06 1.70 hours $ 15.00 per hour 25.50 Variable manufacturing overhead (based on direct labor hours) 1.70 hours $ 1.10 per hour 1.87 Fixed manufacturing overhead ($338,000.00 130,000.00 units) 2.60 Barley Hopp had the following actual results last year: Number of units produced and sold Number of pounds of clay purchased and used Cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost Required: 135,000 238,200 $ 404,940 180,000 $ 3,510,000 $ 260,000 $ 350,000 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. Note: Do not round your intermediate calculations. Enter the dollar value of the variance as an absolute value (positive number) and then use the drop-down menu to indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Direct Materials Price Variance $ 23,820 F Direct Materials Quantity Variance $ 199,260 U Direct Materials Spending Variance $ 223,080 U Show less