please help! also please makw sure to put soloution vertically, as chegg cuts off the solution if its posted horozontally.

thanks!

Exercise 10-4 (Static) Direct Labor and Variable Manufacturing Overhead Variances [LO10-2, LO10-3] Ene Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The labor standards that have been set for one Jogging Mate are as follows Standard Standard Bate Standard Hours per Hour Cost 15 minutes $17.00 55.10 During August. 5,750 hours of direct labor time were needed to make 20.000 units of the Jogging Mate. The direct labor cost totaled 5102350 for the month Required: 1. What is the standard labor-hours allowed (SH) to makes 20,000 Jogging Mates? 2. What is the standard labor cost allowed (SHSR) to make 20,000 Jogging Mates? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance? 5. The budgeted variable manufacturing overhead rate is $4 per direct labor hour. During August, the company incurred S21850 in variable manufacturing overhead cost. Compute the variable overhead rate and efficiency variances for the month {For requirements 3 through 5, indicate the effect of each variance by selecting "P" for favorable. "U" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts os positive values. Do not round intermediate calculations.) Answer is not complete. 1 6.000 2 3 4 Standard labor hours allowed Standard labor cost allowed Labor spending variance Laborrate variance Labor efficiency variance Variable overhead rate variance Variable overhead licenc variance 102.000 $ 350U 5 73.025 5 (1.275) 15