Erle Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The tabor standards that have been set for one Jogging Mate are as follows: Standard standard per or 35.00 standard cont 82.00 30 minutes During August, 10.730 hours of direct labor time were needed to make 19,900 units of the Jogging Mate. The direct labor cost totaled $61161 for the month Required: 1. What is the standard labor hours allowed (SH) to makes 19,900 Jogging Mates? 2. What is the standard labor cost allowed (SHSR) to make 19,900 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 $4.70 per direct labor-hour. During August, the company incurred $57,942 in variable manufacturing overhead cost. Compute the variable overhead rate and efficiency variances for the month. (For requirements through 5, Indicate the effect of each variance by selecting "F* for favorable, "U" for unfavorable, and "None for no effect fi... zero variance). Input all amounts as positive values. Do not round Intermediate calculations.) t Standard labor hours allowed 2. Standard labor cost slowed 3. Labor spending variance 4. Laboratrance Labor ciency variance S. Variable overhead rate variance Variable overheaddency variance