Arzu Inc. produces premium protective car covers. The direct materials and direct labour standards for one car cover are as follows:

Standard Quantity

or Hours Standard Price

or Rate Standard Cost

Direct materials $7\mathrm{.}00$ metres of cloth $ $8$ per metre $ $56\mathrm{.}00$

Direct labour $0\mathrm{.}30$ hours $ $16$ per hour $ $4\mathrm{.}80$

Variable overhead $0\mathrm{.}30$ hours $ $10$ per hour $ $3\mathrm{.}00$

Budgeted fixed overhead cost is $$18,700,$ and the normal production volume is $2,685$ car covers. Overhead is applied on the basis of direct labour$-$hours.

In September, the following activity was recorded:

$17,500$ metres of cloth were purchased at a cost of $$7\mathrm{.}50$ per metre.

All of the purchased material was used to produce $2,500$ car covers.

$520$ direct labour$-$hours were recorded at a total labour cost of $$8,320.$

Actual variable overhead cost was $$4,300,$ and fixed overhead cost was $$18,250.$

$3.$ Calculate the total under$-$ or overapplied overhead. Show all the variances calculated and indicate if each variance is favourable or unfavourable. $($Indicate the effect of each variance by selecting $"$F$"$ 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.$)$