Rip Tide Company manufactures sutboards. Its standard cost information tollows Standard Standard Price (Rate) Standard Unit Cost Direct materials (fiberglass) Direct labor Variable manufacturing overhead (based on Quantity 15 sq. ft 10 hrs 10 hrs. s 75.00 150.00 60.00 S 5 per sq. ft. $15 per hr S 6 per hr. direct labor hours) Fixed manufacturing overhead ($24,000 80.00 300 units) Rip Tide has the tolloing actual results for the month of June 323 5,030 $27,665 3,170 49,769 $14,690 $20,400 Number of units produced and sold Number of square feet of fiberglass used Cost of iberglass used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost Required 1. Calculate the direct materials price, quantity, and total spending variances for Rip Tide. (Do not round your intermediate calculations. Indicate the eftect of each variance by selecting "F" for favorable, "U" for unfavorable.) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance