9 Storkin Enterprises recently used 33,000 labor hours to produce 12,100 completed units. According to manufacturing specifications, each unit is anticipated to take 2.65 hours to complete. The company's actual payroll cost amounted to $653,400. If the standard labor cost per hour is $20.20, Storkin's labor rate variance is: Multiple Choice $5,687 U. $13,000 F. $5,687 F. $13,200 F. None of the answers is correct. 10 Joiner Corporation recently purchased 31,000 gallons of direct material at $5.80 per gallon. Usage by the end of the period amounted to 29,000 gallons. If the standard cost is $6.80 per gallon and the company believes in computing variances at the earliest point possible, the direct-material price variance would be calculated as: Multiple Choice $31,000 F. $29,000 F. $2,000 F. $31,000 U. $29,000 U