SSESSMENT 3 Barley Hopp, Inc, manufactures custom ordered commemorative boer steins, its standard cost information fotos Standard Standard Standard Quantity (lt) Unit Cost Direct wuters (Clay) 1.50 h. $ 1.60 per 10 5240 Direct labor 1.50hrs. $12.00 h 18.00 Variable soufacturing overhead based on direct laborus) 1.5hrs 5 1.20 per hr 1. Fixed manufacturing overhead (5250,000 100,000 units) 2.50 Barley Hopp had the following actual results last year Number of units produced and sold Number of pounds of day used Cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 110,000 178,200 $ 267,300 150,000 $2,025,000 $ 200,000 $ 270,000 D Required: 1. Calculate the direct materials price, quantity, and total spending variances for Burley Hopp 2. Calculate the direct labor tate, efficiency, and total spending variances for Barley Hopp 3. Calculate the variable overhead rate efficiency, and total spending variances for Bartley Hopp Complete this question by entering your answers in the tabs below. Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting for favorable, " for unfavorable, and None" for no effect {i.e., zero variance):) Direct Materials Price Variance Direct Materials Quantity Variance Detect Materials Spending Variance Required 2 > 23 Variable overtad cost Fixed overhead cost $ 200, $ 270,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. 025457 Complete this question by entering your answers in the tabs below. Prim Required 1 Required 2 Required Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, for unfavorable, and "None" for no effect (ie, zero variance).) Direct Labor Rate Variance Direct Labor Efficiency Variance Direct Labor Spending Variance 23 Fixed overhead cost 200, $ 270,000 15 points Required: 1. Calculate the direct materials price quantity, and total spending variances for Barley Hopp 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp 02:40 Complete this question by entering your answers in the tabs below. P Required 1 Required 2 Required Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp (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 (ezero variance).) Variable Overhead Rate Variance Variable Overhead Efficiency Variance Variable Overhead Spending Variance
