Calculate the variable overhead 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 unfavorable, and \"None\" for no effect (i.e., zero variance). Calculate the fixed overhead spending (budget) and volume variances for Rip Tide. Note: 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 (i.e., zero variance). Calculate the direct materials price, quantity, 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 unfavorable, and \"None\" for no effect (i.e., zero variance). Rip Tide Company manufactures surfboards. Its standard cost information follows: Rin Tide has the followina 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. 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 unfavorable, and \"None\" for no effect (i.e., zero variance)