1 0129:42 The following data for November have been provided by Hunn Corporation, a producer of precision drills for oil exploration: Budgeted production Standard machine-hours per drill Standard indirect labor Standard power Actual production 5,500 drills 10.8 machine-hours $10.60 per machine-hour 4.20 per machine-hour Actual machine-hours Actual indirect labor Actual power Required: $ 5,700 drills 37,150 machine-hours $397,488 $153,630 Compute the variable overhead rate variances for indirect labor and for power for November. Indicate whether each of the variances is favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Variable Overhead Rate Variance Indirect labor Power