Erie Company manufactures a moble fitness device called the Jogging Mate. The comparnys labor standards for one Jogging Mate are as follows During August, 9.465 hours of direct labor time were needed to make 19,500 units of the Jogging Mate. The direct labor cost totaled $51311 for the month Required: 1. What is the standard labor-hours allowed (SH) to makes 19.500 Jogging Mates? 2 What is the standard labor cost allowed (SH SR to make 19,500 Jogging Motes? 3. What is the inbor spending voriance? 4. Whet are the labor rate variance and the labot efficiency variance? 5 The budgeted varable manufacturing overhead rote is $430 per direct labor-hour During August, the company incurred $45,432 in vanable manufacturing overhead cost Compute the variable overthead 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 unfaverable, and "None" for no effect (L.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations