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:

Standard Hours Standard Rate per Hour Standard Cost

$24$ minutes $ $6\mathrm{.}20$ $ $2\mathrm{.}48$

During August, $8,140$ hours of direct labor time were needed to make $19,100$ units of the Jogging Mate. The direct labor cost totaled $$48,840$ for the month.

Required:

$1.$ What is the standard labor$-$hours allowed $($SH$)$ to makes $19,100$ Jogging Mates?

$2.$ What is the standard labor cost allowed $($SH $\backslash$times SR$)$ to make $19,100$ Jogging Mates?

$3.$ What is the labor spending variance?

$4.$ What is the labor rate variance and the labor efficiency variance?

$5.$ The budgeted variable manufacturing overhead rate is $$4\mathrm{.}50$ per direct labor$-$hour. During August, the company incurred $$40,700$ 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.$)$