Erie Company manufactures an MP3 player called the Jogging Mate. The company uses standards to control its costs. The labour and variable overhead standards that have been set for one Jogging Mate MP3 player are as follows: Standard Rate per Standard Hours Hour Standard Cost Direct labour 18 minutes $13.30 5 5.40 Variable overhead 18 minutes 5 5.08 5 1.50 Budgeted xed overhead was estimated to be $30,000 per month. Fixed overhead cost is applied using direct labourhou rs. During August, 5,450 hours of direct labour time was recorded in the manufacture of 19,000 units of the Jogging Mate. The direct labour cost totalled $109,100 for the month. Actual variable overhead and fixed overhead costs were $20,710 and $30,400. respectively. Required: 1-a. What direct labour cost should have been incurred in the manufacture of the 19,000 units of the Jogging Mate? [Do not round intermediate calculations.) 1-b. Calculate the total direct labor cost variance? {Do not round intermediate calculations. Indicate the effect of each variance by selecting \"F" for favourable, "U" for unfavourable, and "None" for no effect [i.e., zero variance\" ::| Primara Corporation has a standard costing system in which it applies overhead to products on the basis ofthe standard direct labour hours allowed for the actual output of the period. Data concerning the most recent year appear below: Total budgeted fixed overhead cost 'For the year 5 568,668 Actual fixed overhead cost for the year 5 568,668 Budgeted standard direct labourhours (denominator level of activity] 58,666 Actual direct labourhours 54,666 Standard direct labourhours allowed 'For the actual output 52,666 Required: 1. Compute the fixed portion of the predetermined overhead rate for the year. _- 2 Compute the xed overhead budget variance and volume variance. (Indicate the effect of each variance by selecting \"F" for favourable, "U" for unfavourable, and "None" for no effect [i.e., zero variance\" Fixed overhead budget variance Fixed overhead volume variance Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labour standards for one unit of Zoom follow: Standard Quantity Standard Price Standard or Hours or Rate Cost Direct materials 4.16 kilograms $1.96 per kilogram 5 2.29 Direct labour 3.4-0 hour $6.08 per hour 2.40 Variable overhead 3.4-0 hour $1.08 per hour 0.40 The budgeted xed overhead cost is $15,022 per month. The denominator activity level of the allocation base is 1,400 direct labour hours. During the most recent month, the following activity was recorded: a. 10,600 kilograms of material were purchased at a cost of $2.21 per kilogram. b. All of the material purchased was used to produce 3,500 units of Zoom. c. A total of 820 hours of direct labour time was recorded at a total labour cost of 9,348. d. The variable overhead cost was $1,640, and the xed overhead cost was $27,818. Required: 1. Compute the direct materials price and quantity variances for the month. [Indicate the effect of each variance by selecting "F" for favourable, \"U\" for unfavourable, and "None" for no effect [i.e., zero variance\" Materials price variance Materials quantity variance