Rounding/Entry Rules: Round your numerical answers to the nearest DOLLAR. Do not enter $ or when entering amounts. If asked to enter a word or letter, be sure you check the spelling. Question: The standard costs for Talk Too Much Inc., a company that makes cell phones, is as follows: Standard Cost per Unit Total Variable overhead 8 hours @ $9 per hour $ 72 Overhead is applied to products on the basis of standard direct labor hours for actual production The following information is available regarding the company's operations for the period: 11,500 units 98,000 hours $920,000 10,850 units Actual units produced Total actual direct labor hours Actual variable manufacturing overhead incurred Budgeted units for the period Required: Calculate the variable overhead variances. Use your answer to answer the following questions. NOTE: Please enter all variances as positive numbers. The amount of the variable manufacturing overhead spending variance for the period is $ A/ Indicate if the variable manufacturing overhead spending variance is favourable (enter the letter F) or unfavourable (enter the letters UF). The amount of the variable manufacturing overhead efficiency variance for the period is $ A Indicate if the variable manufacturing overhead efficiency variance is favourable (enter the letter F) or unfavourable (enter the letters UF). AJ