Multiple Choice Question 85 A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month, 2000 pounds of direct materials were purchased for $7600. The direct materials price variance for last month was O $200 favorable. O $7600 favorable. 0 $400 favorable. O $400 unfavorable. Multiple Choice Question 113 Bramble Corp.produces a product requiring 3 direct labor hours at $16.00 per hour. During January, 1400 products are produced using 4500 direct labor hours. Bramble's actual payroll during January was $70200. What is the labor quantity variance? 0 $3000 / O $4800 F O $1800 F O $4800 U