Marvel Parts, Inc., manufactures auto accessories. One of thecompany’s products is a set of seat covers that can be adjusted tofit nearly any small car. The company uses a standard cost systemfor all of its products. According to the standards that have beenset for the seat covers, the factory should work 1,035 hours eachmonth to produce 2,070 sets of covers. The standard costsassociated with this level of production are:

	Total		Per Set of Covers
Direct materials	$	31,878	$	15.40
Direct labor	$	6,210		3.00
Variable manufacturing overhead (based on directlabor-hours)	$	4,347		2.10
			$	20.50

During August, the factory worked only 500 direct labor-hoursand produced 1,700 sets of covers. The following actual costs wererecorded during the month:

	Total		Per Set of Covers
Direct materials (5,000 yards)	$	25,500	$	15.00
Direct labor	$	5,440		3.20
Variable manufacturing overhead	$	4,080		2.40
			$	20.60

At standard, each set of covers should require 2.0 yards ofmaterial. All of the materials purchased during the month were usedin production.

Required:

1. Compute the materials price and quantity variances forAugust.

2. Compute the labor rate and efficiency variances forAugust.

3. Compute the variable overhead rate and efficiency variancesfor August.

(Indicate the effect of each variance by selecting "F"for favorable, "U" for unfavorable, and "None" for no effect (i.e.,zero variance). Input all amounts as positive values.)