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X Company manufactures dartboards. Its standard cost information follows: Standard Quantity Standard Price (Rate) Standard Unit...

X Company manufactures dartboards. Its standard cost information follows:

Standard Quantity Standard Price (Rate) Standard Unit Cost
Direct materials (cork board) 3.50 sq. ft. $ 2.40 per sq. ft. $ 8.40
Direct labor 1 hrs. $ 11.00 per hr. 11.00
Variable manufacturing overhead (based on direct labor hours) 1 hrs. $ 0.65 per hr. 0.65
Fixed manufacturing overhead ($58,500 ÷ 130,000 units) 0.45


X company has the following actual results for the month of September:

Number of units produced and sold 110,000
Number of square feet of corkboard used 400,000
Cost of corkboard used $ 1,000,000
Number of labor hours worked 125,000
Direct labor cost $ 1,262,500
Variable overhead cost $ 72,000
Fixed overhead cost $ 54,000


Required:
1. Calculate the direct materials price, quantity, and total spending variances for the company.
2. Calculate the direct labor rate, efficiency, and total spending variances for the company.
3. Calculate the variable overhead rate, efficiency, and total spending variances for the company.

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