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5. The following materials standards have been established for a particular product: L Standard quantity per unit of output Standard price 6.8 meters $14.40 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased .. Actual cost of materials purchased Actual materials used in production.. Actual output. 4.400 meters $60,500 3.800 meters 400 units What is the materials price variance for the month? A. $14,850 U B. $8,250 U C. $8,640 U D. $2,860 F 6. Discover Motor Company uses a standard cost system to collect costs related to the production of its toothpick motors. The direct labor standard for each toothpick motor is 1.25 hours at a standard cost of $9.50 per hour. During the month of May, Discover's toothpick motor production used 5,900 direct labor-hours at a total direct labor cost of $54,575. This resulted in production of 4,800 toothpick motors for May. What is Discover's labor efficiency variance for the month of May? A. $950 favorable B. $1,475 favorable C. $8,975 unfavorable D. $10,450 unfavorable 7. The following labor standards have been established for a particular product: Standard labor-hours per unit of output ..... Standard labor rate 3.3 hours $16.15 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost 6,300 hours $103,635 2,000 units Actual output... What is the labor rate variance for the month? A. $2,955 F B. $4,935 F C. $2,955 U D. $1,890 U