Erle Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control is costs. The labor standards that have been set for one Jogging Mate are as follows: Standard Standard tate Standard Hour per Hour Cost 30 minutes $6.20 $3.10 During August 10,520 hours of direct labor time were needed to make 19,800 units of the Jogging Mate. The direct labor cost totaled $64172 for the month Required: 1. What is the standard labor-hours allowed (SH) to makes 19,800 Jogging Mates? 2. What is the standard labor cost allowed (SHSR) to make 19.800 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 $4,50 per direct labor hour. During August, the company incurred $52.600 in variable manufacturing overhead cost. Compute the variable overhead rate and efficiency variances for the month, Required: 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 19800 Jogging Mates? 3. What is the labor spending varlance? 4. What is 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 intuned $52.600 in variable manufacturing overhead cost Compute the variable overhead 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 (1.e., zero variance). Input all amounts os positive values. Do not round intermediate calculations) 1 Standard labor hours allowed 2 Standard labor cost allowed 3. Labor spending vanane 4 Labor rate variance Labor efficiency variance 5 Variable overhead rate vanance Variable overhead officiency variance