According to its standards, the factory should work $1,040$ hours each month to produce $2,080$ sets of seats. The standard costs

associated with this level of production are:

During August, the factory worked $600$ direct labor$-$hours and produced $1,800$ sets of covers. The following actual costs were

recorded during the month:

At standard, each set of covers should require $2\mathrm{.}5$ yards of material. All of the materials purchased during the month were used in

production.

Requlred:

Compute the materials price and quantity variances for August.

Compute the labor rate and efficiency variances for August.

Compute the variable overhead rate and efficiency variances for August.

Note: Do not round Intermedlate calculatlons. Indlcate the effect of each varlance by selecting $"$F$"$ for favorable, $"$U$"$ for

unfavorable, and "None" for no effect $($l$.$e$.,$ zero varlance$).$ Input all amounts as posltlve values.