Aaha Inc. produces premium protective automotive covers. The direct materials and drect labour standards for one car cover are as folows Price Cost Standard Quantty or Hours Standard Price or Rate Direct materials Direct labour Variable overhead 6 0 metres of cloth$10 per metre $80.00 $14 per hour 3 $ 8per hour 2 0 hours 0 hours Budgeted foxed overhead cost is $18.300, and the normal production volume is 2,485 car covers Overhead s applied on the basis of direct labour-hours In September, the following activity was recorded 13,800 metres of cloth were purchased at a cost of $9.50 per metre All of the purchased material was used to produce 2,300 car covers . 510 direct labour-hours were recorded at a total labour cost of $7,140 Actual variable overhead cost was $4.100, and fixed overhead cost was $17 950 Required: 1. Compute all direct materials variances for September Indicate the effect of each variance by selecting Ffor favourable, U for unfavourable, and "None" for no effect (Le., zero variance).) Direct materials price variance Direct materials quantay variance Total drect material cost variance 2. Compute all direct labour cost variances for September. (Indicate the effect of each variance by selecting "F for favourable, Ufor unfavourable, and "None" for no effect (e, zero variance).) Direct labour rate variance Direct labour efficiency variance Total direct labour cost vaniance 3. Calculate the total under- or overapplied overhead Show all the variances cakculated and indicate if each variance is favourable or unfavourable. (Indicate the effect of each variance by selectingF for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance). Do not round intermediate calculations and round "Fixed overhead volume variance and total variance" to 2 decimal places.) iable overhead rate variance Vaniable overhead efficiency vanance Variable overhead total variance Foxed overhead budget vaniance Foed overhead volume variance Fxed overhead total variance