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Bullseye Company manufactures dartboards. Its standard cost information follows: Standard Standard Price Quantity (Rate) 2.60 sq. ft. $2.90 per sq. ft. 1 hrs. $15.00 per

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Bullseye Company manufactures dartboards. Its standard cost information follows: Standard Standard Price Quantity (Rate) 2.60 sq. ft. $2.90 per sq. ft. 1 hrs. $15.00 per hr. Direct materials (cork board) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($46,000 + 230,000 units) Standard Unit Cost $ 7.54 15.00 1 hrs. $ 0.35 per hr. 0.35 0.20 Bullseye has the following actual results for the month of September: Number of units produced and sold Number of square feet of corkboard used Cost of corkboard used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 210,000 560,000 $1,568,000 218,000 $3,073,800 74,000 $ 70,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Bullseye. 2. Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye. Complete this question by entering your answers in the tabs below

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