Fortes Inc has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor hours Standard Quantity or Inputs Hours per unit of Output Standard Price or Rate Direct materials 5.5 ounces $ 6.60 per ounce Direct labor 0.0 hours 524.50 per hour Variable manufacturing overhead 0.6 hours $ 4.90 per hour 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 hours Actual direct labor cost Actual variable overhead cost 6.100 units 55,050 ounces $303,010 51,800 ounces 3,360 hours 5 86,810 $ 15,717 Required: a. Compute the materials price variance for April b. Compute the materials quantity variance for April Compute the labor rate variance for April d. Compute the labor efficiency vanance for April e Compute the variable overhead rate variance for April f Compute the variable overhead efficiency variance for April Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect ezero variance), input oll amounts os positive values.) Materials price variance b. Materials quantity variance Laborrate variance d Labor efficiency variance Variable overhead rate variance Variable overhead efficiency variance