Davis Bikes Inc. manufactures bicycles for sporting and everyclay use. Davis uses a standard costing system to better manage its operations. For 2022 . the materla price variance was $8,500 unfavorable, material usage vatiance was $2,300 favorable, Labor rate variance was $6,200 favorable, and labor efticiency varlance was $5,900 unfavorable. Which of the following statements is most true? Mubipic Choice retes urili 2023 deciease in the purchase orice of the soats fion the supplier Juchw awoy. 1. Early in the year, the labor union threatened to go on stike unless the employees were given a 10s hourly rate increose The company agree immediately and made the rate change effective March 1 . The company knew their employees were underpaid but did not plan on increasing rates until 2023 Because soles were booming and ocders for bicycle seats from the supplier were higher than expected, the Purchasing department negotated a 12% deasease in the puchase price of the seats fiom the supplior. handietsars. Discussker wh employees indicated that they were finding that one out of 10 handlebars shipped hod crocks in the metal and had to bet thrown away Whie walaing through the foclory the CFO noticed a large volume of used plastic wrapping ineng about the assombly ared He was toka by the while she did not hive to do that prior to the change in shoping them