Consider the following data collected for Albo's Rentals:

Direct Materials Direct Manufacturing Labor

Cost incurred :

Actual inputs x Actual prices $210,000 $95,000

Actual inputs x standard prices 214,000 88,000

Standard inputs allowed for

actual output x standard prices

220,000 85,000

Required: Compute the price and efficiency variances for direct materials:

a.Price $5000 F; Efficiency $5000 F

b.Price $10000 U; Efficiency $4000 F

c.Price $4000 F; Efficiency $10000 U

d.Price $4000 F; Efficiency $6000 F