Save & Exit value: 6.00 points PA9-1 Calculating Direct Material, Direct Labor, Variable Overhead Variances [LO 9-3, 9-4 Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Quantity Standard Price Standard Unit Cost 3.06 17.00 2.38 Rate) Direct materials (clay) Direct labor Variable manufacturing overhead (based on 1.80 per lb $10.00 per hr. 1.70 hrs. 1.40 per hr 1.70 lbs. 1.70 hrs. direct labor hours) Fixed manufacturing overhead ($346,500.00+ 2.10 165,000.00 units) Barley Hopp had the following actual results last year: Number of units produced and sold Number of pounds of clay used Cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 170,000 308,200 585,580 215,000 $2,795,000 330,000 340,000