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Rip Tide Company manufactures surfboards. Its standard cost information follows: Rip Tide has the following actual results for the month of June: Required: 1. Calculate the direct materials price, quantity, and total spending variances for Rip Tide. 2. Calculate the direct labor rate, efficiency, and total spending variances for Rip Tide. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Rip Tide. 4. Calculate the fixed overhead spending (budget) and volume variances for Rip Tide. ards. Its standard cost information follows: Its for the month of June: ce, quantity, and total spending variances for Rip Tide. ficiency, and total spending variances for Rip Tide. rate, efficiency, and total spending variances for Rip Tide. ending (budget) and volume variances for Rip Tide. ering your answers in the tabs below. Direct labor cost Variable overhead cost $15,690$25,050 Fixed overhead cost Required: 1. Calculate the direct materials price, quantity, and total spending variances for Rip Tide. 2. Calculate the direct labor rate, efficiency, and total spending variances for Rip Tide. 3. Calculate the variable overhed rate, efficiency, and total spending variances for Rip Tide 4. Calculate the fixed overhead spending (budget) and volume variances for Rip Tide. Complete this question by entering your answers in the tabs below. Calculate the direct materials price, quantity, and total spending variances for Rip Tide. Note: Do not round your intermediate calculations. Indicate the effect of each variance by selecti unfavorable, and "None" for no effect (i.e., zero variance). 1. Calculate the direct materials price, quantity, and total 2. Calculate the direct labor rate, efficiency, and total spending variances for Rip Tide. 3. Calculate the variable overhed rate, efficiency, and total spending variances for Rip Tic 4. Calculate the fixed overhead spending (budget) and volume variances for Rip Tide. Complete this question by entering your answers in the tabs below. Calculate the direct labor rate, efficiency, and total spending variances for Rip Tide. Note: Do not round your intermediate calculations. Indicate the effect of each variance by selec unfavorable, and "None" for no effect (i.e., zero variance). Complete this question by entering your answers in the tabs below. Calculate the variable overhead rate, efficiency, and total spending variances for Rip Tide. Note: Do not round your intermediate calculations. Indicate the effect of each variance by unfavorable, and "None" for no effect (i.e., zero variance). 3. Calculate the variable overheadd rate, efficiency, and total spending variances for Rip 4. Calculate the fixed overhead spending (budget) and volume variances for Rip Tide. Complete this question by entering your answers in the tabs below. Calculate the fixed overhead spending (budget) and volume variances for Rip Tide. Note: Do not round your intermediate calculations. Indicate the effect of each variance by s unfavorable, and "None" for no effect (i.e., zero variance)