Helix lCompany produces costumes used in the television and movie industries. Recently the company received an ongoing order for Samurai robes to be worn in an upcoming Japanese historical action series made for television. The company uses a standard costing system to assist in the control of costs. According to the standards set for these robes, the factory has a denominator activity level of 1,400 direct labourhours each month, which should result in the production of 2,800 robes. The standard costs associated with this level of production are as follows: Per Unit of Tom Product Direct materials $30,240 $ 10'80 Direct labour $ 8,400 3.00 Variable manufacturing $ 9 800 3 50 overhead* ' ' Fixed manufacturing $ 4 200 1 50 overhead* ' ' $18.80 *Based on direct labourhours During April, the factory worked only 1,380 direct labourhours and produced 2,200 robes. The following actual costs were recorded during the month: Per Unit of Total Product Direct materials (6,000 $23 320 $ 10.60 metres) ' Direct labour $ 7,040 3.20 Variable manufacturing $ 6160 2 80 overhead ' ' Fixed manufacturing $ 3 080 140 overhead ' ' $18.00 At standard. each robe should require 2.4 metres of material. All of the materials purchased during the month were used in production. Required: Compute the following variances for April: 1. The materials price and quantityr variances. (Do not round intermediate calculation. Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance\" Answer is complete and correct. Material price variance 3,680 F Material quantity $ 3,240 U V variance 2. The labour rate and efficiency variances. (Do not round intermediate calculation. Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) Answer is complete and correct. Labour rate variance $ F 1,240 V Labour efficiency $ U variance 1,6803. The variable manufacturing overhead spending and efficiency variances. (Do not round intermediate calculation. Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) X Answer is complete but not entirely correct. Variable overhead spending F variance 17,990 X Variable overhead efficiency $ 4,900 X U V variance