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. Inputs Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours per Unit of Output 8.8 ounces 2.5 hours 0.5 hours Standard Price or Rate $6.99 per ounce $29.70 per hour $ 5.2e per hour 0:50:15 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 6,480 units 58,248 ounces $326, 720 56, 358 ounces 3,98 hours $ 93, 290 $ 14,552 Required: 3. Compute the materiais price variance for April b. Compute the materials cuantity variance for Apri c. Compute the labor rate variance for Apri c. Compute the labor efficiency variance For Art e Compute the variable overead, te variance for Art E Compute the variable overhead ecency variance for Goril indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect lie.zero verlence). Input all amounts os positive values.) areas oceanance Nate as any wariance MINIMIN