Aftordable Electronics inc. manufactures mediam-quality, reasonably priced wireless speakers for home use. The company uses standards to controt its costs. The labour standards that have been set for one speaker are as foliows: During July. 8.050 hours of direct labour time were recorded to make 26.000 unts The direct labour cost totalled 5132020 for the finchth Requirect 1.a. What direct labour cost should have been incurred to make the 26.000 speakers? (Do not round intermediete calculations.) 1.b. By how much does direct labour cost differ trom the cost that was incurred? flndicote the effect of voriance by selecting "F" for favourable, "U" for unfovourable, and 'None' for no effect (l. e, rero variance)) 2. Break down the difference in cost from requirement 1b above into a labour rate variance and a labour efficiency variance. (Indicate the effect of each variance by selecting "F" for fovourable, "U" for unfavourable, and "None" for no effect (l.e., zero varionce).) 3. The budgeted variable manulacturing overhead rate is $3.00 per direct labour-hout During July, the company incurred $24,955 in variable manufacturing overhead cost Compute the varlable overhead spending and efficiency variances for the month. (Indicote the effect of each variance by selecting "F" for fovourable, "U" for unfovourable, and "None" for no effect (i.e., zero variance))