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Bullseye Company manufactures dartboards. Its standard cost information follows: Standard Price (Rate) Standard Unit Cost Standard Quantity 2.00 sq. ft. 1 hrs. $ 4.20 $

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Bullseye Company manufactures dartboards. Its standard cost information follows: Standard Price (Rate) Standard Unit Cost Standard Quantity 2.00 sq. ft. 1 hrs. $ 4.20 $ 2.10 per sq. ft. $10.00 per hr. 10.00 Direct materials (cork board) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($60,000 200,000 units) 1 hrs. $0.40 per hr. 0.40 0.30 Bullseye has the following actual results for the month of September: Number of units produced and sold 180,000 370,000 Number of square feet of corkboard used Cost of corkboard used $814,000 188,000 Number of labor hours worked Direct labor cost Variable overhead cost $1,710,800 $ 73,000 51,000 Fixed overhead cost $ Required 1 Required 2 Required 3 Calculate the direct materials price, quantity, and total spending variances for Bullseye. (Do not round your intermediate calculations. 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 Direct Materials Quantity Variance Direct Materials Spending Variance Required 1 Required 2 Required 3 Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Direct Labor Rate Variance Direct Labor Efficiency Variance Direct Labor Spending Variance Required 1 Required 2 Required 3 Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Variable Overhead Rate Variance Variable Overhead Efficiency Variance Variable Overhead Spending Variance

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