Bullseye Company manufactures dartboards. Its standard cost information follows: Standard Quantity 2.5 sq. ft. 1 hr. Standard Price (Rate) $ 2.00 per sq. ft. $14.00 per hr. Standard Unit Cost $ 5.00 14.00 Direct materials (cork board) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($40,000 = 160,000 units) 1 hr. $ 0.50 per hr. 0.50 0.25 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 140,000 360,000 $ 756,000 148,000 $1,938,800 $ 72,000 $ 50,000 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