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Bullseye Company manufactures dartboards. Its standard cost information follows:

	Standard Quantity		Standard Price (Rate)			Standard Unit Cost
Direct materials (cork board)	2.5	sq. ft.	$	2.00	per sq. ft.	$	5.00
Direct labor	1	hr.	$	14.00	per hr.		14.00
Variable manufacturing overhead (based on direct labor hours)	1	hr.	$	0.50	per hr.		0.50
Fixed manufacturing overhead ($40,000 160,000 units)							0.25

Bullseye has the following actual results for the month of September:

Number of units produced and sold		140,000
Number of square feet of corkboard used		360,000
Cost of corkboard used	$	756,000
Number of labor hours worked		148,000
Direct labor cost	$	1,938,800
Variable overhead cost	$	72,000
Fixed overhead cost	$	50,000

Required:

1.	Calculate the direct materials price, quantity, and total spending variances for Bullseye. (Do not round your intermediate calculations.)

Direct Materials Price Variance		Unfavorable
Direct Materials Quantity Variance		Unfavorable
Direct Spending Variance		Unfavorable

2.	Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. (Do not round your intermediate calculations.)

Direct Labor Rate Variance		Favorable
Direct Labor Efficient Variance		Unfavorable
Direct Labor Spening Variance		Favorable

3.	Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye. (Do not round your intermediate calculations.)

Variable Overhead Rate Variance Favorable Variable Overhead Efficiency Variance Unfavorable Variable Overhead Spending Variance Unfavorable

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