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Saved Help Sav Kent Company manufactures coffee table rugs. The standard cost is shown below. Standard Standard Price Quantity (Rate) 2.00 sq. ft. $ 2.70 per sq. ft. 1 hrs. $14.00 per hr Standard Unit Cost $ 5.40 14.80 Direct materials (DM) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($85,500 - 285,000 units) 29:45 1 hrs. $ 0.35 per hr. 0.35 9.30 The actual costs and units for September is shown below: Number of units produced and sold Number of square feet of OM used Cost of DM used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 265,000 540,000 $1,404,000 273,000 $3,576,300 $94.000 $ 68,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Kent 2. Calculate the direct labor rate, efficiency, and total spending variances for Kent 3. Calculate the variable overhead rate, efficiency, and total spending variances for Rent Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the direct materials price, quantity, and total spending variances for Bullseye. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and one for no effect (le, zero varianco).) The actual costs and units for September is shown below: 00:29:32 Number of units produced and sold Number of square feet of DM used Cost of DM used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 265,000 540,000 $1,404,000 273,000 $3,576,300 $ 94,000 $ 68,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Kent. 2. Calculate the direct labor rate, efficiency, and total spending variances for Kent 3. Calculate the variable overhead rate, efficiency, and total spending variances for Kent Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the direct materials price, quantity, and total spending variances for Bullseye. (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 (1.e., zero variance).) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance Required 2 > Prev 1 of 1 E Next Fixed overhead cost 68,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Kent. 2. Calculate the direct labor rate, efficiency, and total spending variances for Kent 3. Calculate the variable overhead rate, efficiency, and total spending variances for Kent. Complete this question by entering your answers in the tabs below. Required 1 Requad 2 Required 3 Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. (Do not round your intermedia calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for (1.e., zero variance).) Direct Labor Rate Varianco Direct Labor Efficiency Variance Direct Labor Spending Variance -