Fortes Inc. has provided the following data concerning one of the products in its standard cost syst overhead is applied to products on the basis of direct labor-hours. Inputs Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours per Unit of Output 6.9 ounces 0.5 hours 0.5 hours Standard Price $ 7.40 per ou $27.70 per ho $5.70 per ho The company has reported the following actual results for the product for April: Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labor cost Actual direct labor-hours Actual variable overhead cost 8,700 units 62,180 ounces $348,670 60,040 ounces 3,280 hours $ 95,820 $ 17,787 Required: a. Compute the materials price varlance for April. b. Compute the materials quantity variance for April. c. Compute the labor rate variance for April. d. Compute the labor efficiency variance for April. e. Compute the variable overhead spending variance for April. f. Compute the variable overhead efficiency variance for April. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "N variance). Input all amounts as positive values.) a. Materials price variance b. Materials quantity variance C Labor rate variance d. Labor efficiency variance e. Variable overhead spending variance f. Variable overhead efficiency variance