Dibert Inc. has provided the following data concerning one of the products in its standard cost system. Inputs Direct labor Standard Quantity or Hours per Unit of Output 0.70 hours Standard Price or Rate $20.40 per hour The company has reported the following actual results for the product for February: Actual output Actual direct labor-hours Actual direct labor cost 5,100 units 3,380 hours $ 74,698 The labor efficiency variance for the month is closest to: 0 $4,199 F 0 $4,199 U 0 $3,876F $3,876 F 0 $3,876 U Handerson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity Standard Price or or Hours Rate 8.5 kilos $ 6.00 per kilo 0.4 hours $20.00 per hour 0.4 hours $ 6.00 per hour The company reported the following results concerning this product in August Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost 3,200 units 29,030 kilos 31,600 kilos 1,160 hours $195, 920 $ 22,736 $ 7,540 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for August is: Multiple Choice 0 $5,440 F 0 $6,320 U 0 $6,320 F 0 $5,440 U Bressman Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Variable manufacturing overhead Standard Quantity or Hours per Unit of Output 0.20 hours Standard Price or Rate $6.70 per hour The company has reported the following actual results for the product for May: Actual output 9,300 units Actual direct labor-hours 1,820 hours Actual variable overhead cost $12,558 The variable overhead efficiency variance for the month is closest to: Multiple Choice O $276 F O $276 U O $268 F o $268 U