UN TOOTS Ene company labor standards ness device care tre Jogging Mate. The company restandards to contract the on Jogging Matere as follow CE During August 5.750 hours of direct labor time were needed to make 20,000 units of the Jogging Mate. The direct labor conted $102.350 for the month Required 1 What is the standard tabor 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 $21850 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 "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values. Do not round Intermediate calculations.) 1 Standard labor.hours allowed 2. Standard labor cost allowed 3. Labor spending variance 4 Labor rate variance 4. Labor efficiency variance 5. Variable overhead rate variance 5. Variable overhead efficiency variance