myHilltop X Er Chapter 9 Project X + C newconnect.mheducation.com/flow/connect.html Chapter 9 Project i Saved Help Save & Exit Submit Check my work Bullseye Company manufactures dartboards. Its standard cost information follows: Standard Standard Price Standard Quantity ( Rate) Unit Cost 10 Direct materials (cork board) 2.50 sq. ft. $ 2.20 per sq. ft. $ 5.50 points Direct labor 1 hrs. $11 . 00 per hr. 11. 00 Variable manufacturing overhead (based on direct labor hours) 1 hrs. $ 0.50 per hr. 0.50 Fixed manufacturing overhead ($59, 500 + 170,000 units) 0 .35 Book Bullseye has the following actual results for the month of September: Print Number of units produced and sold 150, 000 Number of square feet of corkboard used 380, 000 Cost of corkboard used $ 874,000 References Number of labor hours worked 160, 000 Direct labor cost $1, 616,000 Variable overhead cost 74, 000 Fixed overhead cost 52, 000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Bullseye. 2. Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye. 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 Bullseye. (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).) Mc Graw