Affordable Electronics inc manufoctures medium-quality, reasonably priced wreless speckers for home use. The company uses standards to control its costs. The labour standards that have been set for one speater are as follows: During July, 2,550 hours of direct labour time were recorded to make 12,000 uniss, The direct labour cost totalled $29,580 for the month Requirect 1-i. What direct labour cost should have been incurred to make the 12,000 speakers? po not round intermediate calcutations.) 1-b. By how much does direct labour cost differ from the cost that was incurred? (Indicate the effect of variance by selecting " F ' for fnverurable, " U " for unfavourable, and "None" for no effect (Le, zero variance), 2. Break down the difference in cost from requirement 1.b above into a labour rate variance and a labour efficiency variance (indicate the effect of each variance by selecting " F " for favourable, " U " for unfavourable, and "None" for no effect (i.e., zero variance).)