Erie Company manufactures a mobile fitness device called the Jogging Mate. The company's

labor standards for one Jogging Mate are as follows:

During August, $8,600$ hours of direct labor time were needed to make $20,000$ units of the

Jogging Mate. The direct labor cost totaled $$52,460$ for the month.

Required:

What is the standard labor$-$hours allowed $($SH$)$ to makes $20,000$ Jogging Mates?

What is the standard labor cost allowed $($SH $SR)$ to make $20,000$ Jogging Mates?

What is the labor spending variance?

What are 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 $$44,720$ in variable manufacturing overhead cost. Compute

the variable overhead rate and efficiency variances for the month.

Note: 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.