Rip Tide Company manufactures surfooards. 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. Calcuiate the direct materials price, quantity, and total spending variances for Mip Tide. Note: Do not round your intermediate caiculabens. Indicate the effect af each variance by selecting " r ' for favorable, "U" for unfavorabie, and "None" for no effect (liei, 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, quanty, 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 untavorable, 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 questien 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 intermedite calculabons. Indicate the effect of each variance by selecting "F' for favoroble, "U" lor unfarorable, and 'None' for no effect (i.e., rero 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 totai spending variances for Rip Tide. 4. Calculate the fived overhead spending (budget) and volume variances for Rip Tide. Complete this question by entering your answers in the tabs below. Caiculate the fixed overhesd spending (budget) and volume variances for Rip Tide. Noter Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U. for, unfavorable, and "Nione" for no effect(che, zero variance)
