PA9-1 (Static) Calculating Direct Material, Direct Labor, Variable Overhead Variances [LO 9-3, 9-4.9-5] Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Standard Standard Quantity (Rate) Unit Cost Direct materials (clay) 1.50 lbs $ 3.60 per $ 2.40 Direct labor 1.50 hrs $12.00 per hr 18.00 variable manufacturing overhead (based on direct labor hours) 1.50 $ 1.20 per hr Fixed manufacturing overhead ($250,000+ 2:50 24 1. Barley Hopp had the following actual results last year Number of units produced and sold Number of pounds of clay wied Cost of clay uber 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 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: 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 '' for favorable, "U" for unfavorable, and "None' for no effect ezero variance). Direct Labor Rate Variance Direct Labor Emiciency Variance Direct Labor Sponding Variance (Required 1 Required 3 >