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, 9,640 hours of direct labor time were needed to make 19,800 units of the Jogging Mate. The direct labor cost totaled $52,056 for the month Required: 1. What is the standard labor-hours allowed (SH) to makes 19,800 Jogiging Mates? 2. What is the standard labor cost allowed (SH SR) to make 19,800 Jogging Mates? 3. What is the labor spending variance? 4. What are the labor rate variance and the labor efficiency variance? 5. The budgeted variable manufacturing overhead rate is $4.50 per direct labor-hour. During August, the company incurred $50,128 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 eoch varionce by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero varience), Input all amounts as positive values. Do not round intermediate calculations. 1. What is the standard labor-hours allowed (SH) to makes 19,800 Jogging Mates? 2. What is the standard labor cost allowed (SH SR) to make 19,800 Jogging Mates? 3. What is the labor spending variance? 4. What are the labor rate variance and the labor efficiency variance? 5. The budgeted variable manufacturing overhead rate is $4,50 per direct labor-hour. During August, the company incurred $50.128 in varlable manufacturing overhead cost. Compute the variable overhead rate and efficiency variances for the month Note: For requirements 3 through 5 , indicate the effect of eoch variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero voriance), Input oll omounts as positive values. Do not round intermediate calculations