PA$9-1($Algo$)$ Calculating Direct Material, Direct Labor, Variable Overhead Variances $[$LO $9-3,9-4,9-5]$

Barley Hopp, Incorporated, manufactures custom$-$ordered commemorative beer steins. Its standard cost information follows:

$\backslash$table$[[,,,$Standard$],[$Unit$,,,],[$Direct materials $($clay$),$Standard Quantity,Standard Price $($Rate$),$Cost$],[$Direct labor,$1\mathrm{.}70$ pounds,$$1\mathrm{.}80$ per pound,$$3\mathrm{.}06$