$$Marvel Parts, Inc., manufactures auto accessories. One of the

company$$s products is a set of seat covers that can be adjusted to

fit nearly any small car. The company has a standard cost system in

use for all of its products. According to the standards that have

been set for the seat covers, the factory should work $1,005$ hours

each month to produce $2,010$ sets of covers. The standard costs

associated with this level of production are:$$During August, the factory worked only $1,200$ direct labor$-$hours

and produced $2,600$ sets of covers. The following actual costs were

recorded during the month:$$At standard, each set of covers should require $2\mathrm{.}00$ yards of

material. All of the materials purchased during the month were used

in production.Compute the materials price and quantity variances for

August.$($Indicate the effect of each variance by

selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no

effect $($i$.$e$.,$ zero variance$).$ Round your answers to $2$ decimal

places.$)$Compute the labor rate and efficiency variances for

August.$($Indicate the effect of each

variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and

"None" for no effect $($i$.$e$.,$ zero variance$).$ Round your answers to $2$

decimal places.$)$Compute the variable overhead rate and efficiency variances for

August.$($Indicate the effect of each variance by

selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no

effect $($i$.$e$.,$ zero variance$).$ Round your answers to $2$ decimal

places.$)$