Erie Company manufactures a moble fitness device called the Jogging Mote. The company uses standards to control its costs. The labor standards that have been ser for one Jogging Mate are as follows. During August, 5,750 hours of direct labot time were needed to moke 20,000 units of the Jogging Mate. The direct labor cost totaled $102.350 fot the month Required: 1. What is the standard lobochours allowed (SH) to makes 20.000 Jogging Mates? 2. What is the standard labor cost allowed (SH SR ) to make 20,000 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 per direct labor-hour. During August, the company iacurred $21,850 in variable manufacturing overhead cost. Compute the vatiable overbead 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 (l.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations.)