Bullseye Company manufactures dartboards. Its standard cost information follows: StandardStandard Price (Rate) Quantity Standard Unit Cost Direct materials (cork board) Direct labor 3.50 sq. ft. 240 per sq. ft. S 8.40 1 hrs. 1 hrs $11.00 per hr. 065 per hr 11.00 0.65 0.45 Variable manufacturing overhead (based on direct labor hours) 130,000 units) Fixed manufacturing overhead ($58,500 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 110,000 400,000 $1,000,000 125,000 $1,262,500 S 72,000 S 54,000 Required 1. 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.) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance