of one unit of this product is as follows: Direct materials Direct labour 2 metres@$3 per metre $6.00 1 hour at $4.50 per hour 4.50 Variable manufacturing overhead 1 hour at $3.00 per 3.00 (VMOH) hour Fixed manufacturing overhead 1 hour at $5.00 per hour 5.00 Total standard variable cost per $18.50 unit During October, 6,000 unites were produced. There was no beginning inventory of raw materials. The variable and fixed manufacturing overhead rates are based on direct labour hours. The following variances were calculated for the month of October (you may assume they are correct: F denotes favourable denotes unfavourable