Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The labor standards that have been set for one Jogging Mate are as follows: During August, 9,595 hours of direct labor time were needed to make 19,700 units of the Jogging Mate. The direct fabor cost totaled $50,854 for the month Required: 1 What is the standard labor-hours allowed (SH) to makes 19,700 Jogging Mates? 2. What is the standard labor cost allowed (SH = SR) to make 19,700 Jogging Mates? 3 What is the labor speriding variance? A What is the labor rate varance and the lobor efficiency variance? 5. The budpeted variable manufacturing overhead rate is $4.50 per direct labor-hout During August, the company incurred $49.894 in variable manufacturing overhead cost Compute the varable overhead rate and efficiency variances for the month (For requirements 3 through 5 , indicote the effect of each variance by selecting "F" for fovorable, " U " for unfavoroble, and "None" for no effect (i.e., zero vorionce), Input oll amounts as positive values. Do not round intermediete colculotions.)