Snow Sports Inc (SSI) manufactures and sells downhill skis. Information about their standard costs and recent result is below. SSI's master budget and standard costs were based on planed production and sales of 1,800 units.

If you can show how to do it on excel or paper that would be helpful!

SSI Standard cost information Direct material (blend of fiberglass & wood) Direct labor Variable manufacturing overhead Standard uanti 11 sq. ft. 8 hours 8 hours Standard Price rate $6 per sq. ft. $18 per hr $4 per hr Standard Unit Cost $66.00 $144.00 $32.00 (based on direct labor hours) Fixed manufacturing overhead ($63,000/ 1,800 units $35) $35.00 SSI had the following actual results for the period: Number of units produced and sold Number of square feet of fiberglass & wood used Cost of fiberglass & wood used Number of direct labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 1,750 20,125 $116,725 14,700 $279,300 $63,210 $61,000 Required: 1. Calculate the direct material price, quantity and spending variances 2. Calculate the direct labor rate, efficiency and spending variances 3. Calculate the variable overhead rate, efficiency and spending variances 4. Calculate the fixed overhead spending (budget) variance 5. Based on your analysis, which manager/s did the best during the period