Sweetly Sent, Incorporated, manufactures scented pillar candles. Its standard cost information for the month of February follows: Standard Quantity Standard Price (Rate) Direct materials (wax) 15 ounce Direct labor 0.25 hour $ 0.05 per ounce $ 14.00 per hour Variable manufacturing overhead (based on direct labor hours) 0.25 hour $ 0.40 per hour Fixed manufacturing overhead ($10,000 40,000 units) Sweetly Sent has the following actual results for the month of February: Number of units produced and sold Number of ounces of wax purchased and used Cost of wax used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost Required: 38,500 583,000 $ 37,895 9,900 $ 136,620 $ 3,630 $ 9,900 1. Calculate the direct materials price, quantity, and total spending variances for Sweetly Sent. 2. Calculate the direct labor rate, efficiency, and total spending variances for Sweetly Sent. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Sweetly Sent. Complete this question by entering your answers in the tabs below. Standard Unit Cost $ 0.75 3.50 0.10 0.25 Required 1 Required 2 Required 3 Calculate the direct materials price, quantity, and total spending variances for Sweetly Sent. Note: Do not round your intermediate calculations. Enter the dollar value of the variance as an absolute value (positive number) and then use the drop-down menu to indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Direct Materials Price Variance Show less