Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to controf its costs. The labor standards that have been set for one Jogging Mate are as follows: During August, 8,610 hours of direct labor time were needed to make 19.900 units of the Jogging Mate. The direct iabor cost totaled $53,382 for the month. Required: 1. What is the standard labor-hours allowed (SH) to makes 19,900 Jogging Mates? 2. What is the standard labor cost allowed (SH * SR) to make 19,900 Jogging Motes? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance? 5. The budgeted variable manufacturing overheod rate is $430 per direct labor-hour. During August, the compary incurred $44,772 in variable manufacturing overhead cost Compute the variable overhead rote and efficiency variances for the month. (For requirements 3 through 5 , indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations.)