Acme Company's production budget for August is 17,900 units and includes the following component unit costs: direct materials, $8.00; direct labor, $10.40; variable overhead, $6.00. Budgeted fixed overhead is $36,000. Actual production in August was 18,135 units. Actual unit component costs incurred during August include direct materials, $8.20; direct labor, $9.80; variable overhead, $7.20. Actual fixed overhead was $37,900. The standard direct labor cost per unit consists of 0.5 hour of labor time at $20.8 per hour. During August, $177,723 of actual labor cost was incurred for 8,190 direct labor hours. Required: Calculate the labor rate variance and labor efficiency variance for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Labor rate variance Labor efficiency variance Acme Company's production budget for August is 18,800 units and includes the following component unit costs: direct materials, $8.0; direct labor, $11.0; variable overhead, $5.5. Budgeted fixed overhead is $45,000. Actual production in August was 19,416 units. Actual unit component costs incurred during August include direct materials, $9.50; direct labor, $10.00; variable overhead, $6.50. Actual fixed overhead was $47,800. The standard variable overhead rate per unit consists of $5.5 per machine hour and each unit is allowed a standard of 1 hour of machine time. During August, $126,204 of actual variable overhead cost was incurred for 21,034 machine hours. Required: Calculate the variable overhead spending variance and the variable overhead efficiency variance. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Variable overhead spending variance Variable overhead efficiency variance