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PA9-1 (Algo) Calculating Direct Material, Direct Labor, Variable Overhead Variances [LO 9-3, 9-4, 9-5] need help with 1,2,3 PA9-1 (Algo) Calculating Direct Material, Direct Labor,

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PA9-1 (Algo) Calculating Direct Material, Direct Labor, Variable Overhead Variances [LO 9-3, 9-4, 9-5]
need help with 1,2,3 image text in transcribed
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PA9-1 (Algo) Calculating Direct Material, Direct Labor, Variable Overhead Variances (LO 9-3, 9-4, 9-5) Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Standard Price standard Quantity (Rate) Unit Cost Direct materials (elay) 1.80 lbs. $1.90 per lb. $ 3.42 Direct labor 1.80 hrs. $16.00 per hr 20.30 Variable manufacturing overhead (based on direct labor hours) 1.80 hrs. $ 1.10 per hr. 1.98 Fixed manufacturing overhead (5487,500.00 + 195,000.00 unita) 2.50 Barley Hopp had the following actual results last year: Number of units produced and sold Number of pounds of clay used Cont of clay Number of labor hours worked Direct labor cost Variable overhead coat Fixed overhead cost 200,000 368,200 $ 736,400 245,000 55,806,500 $ 390,000 $ 470,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. Required 1 Required 2 Required 3 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 " for favorable, "U" for unfavorable, and "None' for no effect (1.o., zero variance).) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance Required 1 Required 2 Required 3 Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero var ance) Direct Labor Rate Variance Direct Labor Efficiency Variance Direct Labor Spending Variance Required 1 Required 2 Required 3 Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance).) Variable Overhead Rate Variance Variable Overhead Efficiency Variance Variable Overtond Spending Variance

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