Question 33 3 pts Acme Inc. has the following information available: $1.00 $0.90 Actual price paid for material Standard price paid for material Actual quantity purchased and used in production Standard quantity for units produced Actual labor rates per hour 100 110 $15 Standard labor rates per hour $14 Actual hours 200 Standard hours for units produced 220 Compute the material price variance. $10 Favorable O $11 Favorable O $10 Unfavorable O $11 Unfavorable Question 34 3 pts Acme Inc. has the following information available: $1.00 $0.90 Actual price paid for material Standard price paid for material Actual quantity purchased and used in production Standard quantity for units produced Actual labor rates per hour 100 110 $15 Standard labor rates per hour $14 Actual hours 200 Standard hours for units produced 220 Compute the material quantity variance. $10 Unfavorable $10 Favorable $9 Unfavorable $9 Favorable