Paradise Corp. has determined a standard labor cost per unit of $18 (0.50 hour * $36 per hour). Last month, Paradise incurred 962 direct labor hours for which it paid $24,050. The company produced and sold 2,250 units during the month. Calculate the direct labor rate, efficiency, and spending variances. (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 intermediate calculations to 2 decimal places.) Direct Labor Rate Variance Direct Labor Efficiency Variance Total Direct Labor Spending Variance Beverly Company has determined a standard variable overhead rate of $2.90 per direct labor hour and expects to incur 0.50 labor hour per unit produced. Last month, Beverly incurred 1,150 actual direct labor hours in the production of 2,400 units. The company has also determined that its actual variable overhead rate is $2.40 per direct labor hour. Calculate the variable overhead rate and efficiency variances as well as the total amount of over- or underapplied variable overhead. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Variable Overhead Rate Variance Variable Overhead Efficiency Variance Over- or Underapplied Variable Overhead Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $11,200 and budgeted production of 31,000 units. Actual results for the month of October reveal that Cholla produced 30,000 units and spent $11,700 on fixed manufacturing overhead costs. Calculate Cholla's fixed overhead spending variance. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Fixed Overhead Spending Variance