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 R ip 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. 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 selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., zero variance). Required: 1. Caiculate 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. 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 selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e,, zero variance). Rip Tide Company manufactures surfboards. its standard cost information follows: Rip Tide has the following actual results for the month of June: Required: 1. Caiculate 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. 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 selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e, zero variance). Rip Tide Company manufactures surfboards. its standard cost information follows: Rip Tide has the following octual results for the month of June: Required: 1. Colculote the direct materials price, quantity, and totel spending voriances for Rip Tide. 2. Colculate the direct labor rate, efficiency, and total spending variances for Rip Tide 3. Calculate the variable overhead rate, eficiency, and total spending variances for Rip Tide. 4. Caiculute the fored overhead spending (budget) and volume variances for Rip Tide. Complete this question by entering your answers in the tabs below. Caiculate the fweed overteod spending (budget) and wolume variances for Rop Tide. Fote: be net round your intermedinte coviculations. Indicale the effect of each variance by ielecting " y " for favereble, rut for untavorablif, and "None" for no effect (ie, zere variance)
