# Bullseye Company manufactures dartboards. Its standard cost information follows: Standard Quantity Standard Price (Rate) Standard Unit Cost Direct materials (cork board) 2.00 sq. ft. \$

Bullseye Company manufactures dartboards. Its standard cost information follows: Standard Quantity Standard Price (Rate) Standard Unit Cost Direct materials (cork board) 2.00 sq. ft. \$ 2.80 per sq. ft. \$ 5.60 Direct labor 1 hrs. \$ 10.00 per hr. 10.00 Variable manufacturing overhead (based on direct labor hours) 1 hrs. \$ 0.40 per hr. 0.40 Fixed manufacturing overhead (\$69,000 ÷ 230,000 units) 0.30 Bullseye has the following actual results for the month of September: Number of units produced and sold 210,000 Number of square feet of corkboard used 440,000 Cost of corkboard used \$ 1,276,000 Number of labor hours worked 219,000 Direct labor cost \$ 1,992,900 Variable overhead cost \$ 80,000 Fixed overhead cost \$ 58,000 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.