BIU XX ADA III. The following information relates to the direct labor at ABC Manufacturing, Inc. for April: Actual $ 18.00 1.5 Standard $17.50 Labor cost per unit produced Labor hours per unit produced During April, ABC produced 2,100 units. What is ABC's labor efficiency variance for April? A) $1,575 Favorable B) $2,625 Unfavorable C) 53,675 Unfavorable D) $3,780 Unfavorable IV. Rocky Corporation makes a product with the following standard costs: Standard Quantity or Standard Price or Hours Rate 3.5 grams $ 1.00 per gram Direct materials 0.7 hours S 11.00 per hour Direct labor The company reported the following results concerning this product in July Actual output 3,000 units Raw materials used in production 11,370 grams Actual direct labor-hours 1,910 hours Purchases of raw materials 12,100 grams Actual price of raw materials purchased $ 1.20 per gram Actual direct labor rate $ 11.40 per hour The direct materials purchases variance is computed when the materials are purchased. Answer both questions 1 and 2 below. 1. The materials price variance for July is: 2. The materials quantity variance for July is A) S2,100 U A) $870 U