Rip Tide Company manufactures surfboards. Its standard cost information follows: Rip Tide has the following actual res Jits 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 Rip Tide. 3. Caiculate 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 (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. 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 Rip Tide. 3. Calculate the variable overhead rote, 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 taber 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. 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 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 vanances for Rip Tide. Note: Do not round your intermediate calculations. Indicate the effect of each varance by selecting "F" for favorabie, "U" for unfavorabie, and 'Nobe' 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. 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 Rip Tide. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Rip Tide. 4. Calculate the foxed overhead spending (budget) and volume variances for Rip Tide. Complete this question by entering your answers in the tabs below. Calculate the fixed overhead spending (budget) and volume 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)
