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, $9,505$ hours of direct labor time were needed to make $19,900$ units of the Jogging Mate. The direct

labor cost totaled $$56,080$ for the month.

Required:

What is the standard labor$-$hours allowed $($SH$)$ to makes $19,900$ Jogging Mates?

What is the standard labor cost allowed $($SH $$ SR$)$ to make $19,900$ Jogging Mates?

What is the labor spending variance?

What is the labor rate variance and the labor efficiency variance?

The budgeted variable manufacturing overhead rate is $$4\mathrm{.}50$ per direct labor$-$hour. During August, the company

incurred $$47,525$ in variable manufacturing overhead cost. Compute the variable overhead rate 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.$)$