Exercise 10-4 (Algo) Direct Labor and Variable Manufacturing Overhead Variances (L010-2, LO10-3] tre Company manufactures a mobile fitness device called the Josong Mate. The company standards to como es costs. The labor standards that have been set for one Jogang Mae are as follows 16:20 Cout 11.30 During August 0.75 hours of direct labor time were needed to make 18100 units of the noong Me The Greatest added 555 908 for the month Required: 1. What the standard labor hours allowed to makes 19:00 Jogging Mates 2. What is the standard labor cost towed SHS to make 19100 g Mates Wiats the labor spending variance? 4. What is the Mborrate variance and the labor efficiency wariance 5. The budgeted variable manufacturing overhead tate $450 per rector hour Dung Ahe company and 54770 variable manufacturing overhead cout Compute the variable overhead be indeficiency wances for the month For requirements through 5, indicate the effect of each variancely selecting for favorable. "U" for unfavorable, and "None for no effect te reo variances, Input all amounts es positive values. Do not found intermediate calculations 1. Sandborhood 2 Standard custod Labor spending variance + Lab wance Laborency 5 Valence Verohodowywance