31) The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5 meters $ 19.00 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased 8, 100 meters Actual cost of materials purchased Actual materials used in production Actual output What is the materials price variance for the month? A) $2,695 U B) $2,835 U C) $2,835 F D) $2,695 F

32) The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate Actual hours worked Actual total labor cost $ 151,065 Actual output 7,700 meters 1,450 units The following data pertain to operations concerning the product for the last month: What is the labor efficiency variance for the month? A) $27,840 F B) $28,275 U C) $27,840 F D) $28,275 F 9.5 hours $ 13.00 per hour 7,800 hours $ 92,160 1,050 units

What is the labor efficiency variance for the month? A) $27,840F B) $28,275U C) $27,840F D) $28,275F