Direct materials (cork board) Direct labor Variable manufacturing overhead (based on direct labor hours) Standard Quantity 4.50 square feet 1 hour 1 hour Fixed manufacturing overhead ($22,000 + 110,000 units) Bullseye has the following actual results for the month of September: Number of units produced and sold Number of square feet of corkboard purchased and used Cost of corkboard used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost Standard Price (Rate) $ 2.60 per square feet $ 10.00 per hour $ 0.75 per hour 90,000 420,000 $ 1,134,000 100,000 $ 910,000 $ 74,000 $ 56,000 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. Standard Unit Cost $ 11.70 10.00 0.75 0.20

Bullseye has the following actual results for the month of September: 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 Buliseye. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye