9 pou $ 1.80 per $10.00 per hour A company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standards for the prime costs of one unit of product. Standard Standard Standard Quantity Price Cost Direct Materials 16 nds pound 20 Direct Labor 0.35 hour 25 . 19 70 During November, the company purchased 189.000 pounds of direct materials at a total cost of $378,000. The total factory wages for November were 546.000, 80% of which were for direct labor. The company manufactured 18,000 units of product during November using 155.000 pounds of direct materials and 5000 direct labor hours What is the direct materials efficiency variance for November? $31,000 548,600 512,600 537.800 Cost Question 23 1 points Save A A company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standards for the prime costs of one unit of product. Standard Standard Standard Quantity Direct Materials 8 pou 12 nds 5 Direct Labor 0.30 hour 24 0 SS During November, the company purchased 152.000 pounds of direct materials at a total cost of $288.800. The total factory wages for November were $42.000, 90% of which were for direct labor. The company manufactured 16.000 units of product during November using 116.000 pounds of direct materials and 500 direct labor hours What is the direct labor efficiency variance for November? $2112 51538 51000 51600 Price $ 150 per pound $ 8.00 per hour