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NEED ASAP! PA9-1 Calculating Direct Material, Direct Labor, Variable Overhead Variances [LO 9-3, 9-4, 9-5] Bariey Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard

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PA9-1 Calculating Direct Material, Direct Labor, Variable Overhead Variances [LO 9-3, 9-4, 9-5] Bariey Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Standard Price Standard Quantity (Rate) Unit Cost 1.80 lbs. $1.90 per lb. $ 3.42 1.80 hrs. $11.00 per hr. 19.80 Direct materials (clay) Direct labor overhead (based on direct labor hours) 1.80 hrs. $1.10 per hr. 1.98 Fixed manufacturing overhead (5396,000.00 +180,000.00 units) 2.20 Barley Hopp had the following actual results last year: Number of units produced and85,000 sold Number of pounds of clay used Cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 338,200 $ 676,400 230,000 $3,650,000 S 360,0CO S 380,000 Required 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable and "U" for unfavorable.) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance

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