Kwikeze Company set the following standard costs for one unit of its product. Direct materials ((3.0 Ibs. @ $4.0 per Ib.) $ 12.00 Direct labor (1.9 hrs. @ $13.0 per hr.) 24.70 Overhead (1.9 hrs. @ $18.50 per hr.) 35.15 Total standard cost $ 71.85 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory’s capacity of 20,000 units per month. Following are the company’s budgeted overhead costs per month at the 75% level. Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 15,000 Indirect labor 75,000 Power 15,000 Repairs and maintenance 30,000 Total variable overhead costs $ 135,000 Fixed overhead costs Depreciation—building 25,000 Depreciation—machinery 72,000 Taxes and insurance 19,000 Supervision 276,250 Total fixed overhead costs 392,250 Total overhead costs $ 527,250 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (46,500 Ibs. @ $4.20 per lb.) $ 195,300 Direct labor (30,000 hrs. @ $13.20 per hr.) 396,000 Overhead costs Indirect materials $ 45,750 Indirect labor 177,500 Power 17,250 Repairs and maintenance 34,500 Depreciation—building 25,000 Depreciation—machinery 97,200 Taxes and insurance 17,100 Supervision 276,250 690,550 Total costs $ 1,281,850 4. Compute the direct labor cost variance, including its rate and efficiency variances.(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. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Direct labor cost variance $ Rate variance $ Efficiency variance $