Question 65 2 pts Marleyan Company produced 6,000 units and there was a favorable labor efficiency variance of Php12,000. If 20,000 labor-hours were worked and the standard wage rate was Php3.00 per labor-hours, the standard hours allowed per unit of output is closest to: 0 3.00 0 24.000 O 4.00 0 2.67 Question 63 2 pts Armor Titan Co. produced 3,200 units of product. Each unit requires 2 standard hours. The standard labor rate is Php15 per hour. Actual direct labor for the period was Php79,200 (6,600 actual hours x P12 actual rate). What is the labor rate variance? Php 19,800 F O Php 16,800 F O Php 6,400 UF O Php 3,000 UF Question 62 2 pts Levi Company had sales of Php576,000 and variable costs of Php324,000. Fixed costs amount to Php96,000 from an expected production of 7,200 units. If the company expects to increase its sales by 960 units by incurring an additional Php 24,000 for advertising expense, what will happen to profit? Increase of Php 9,600 Increase of Php33,600 Decrease of Php33,600 Decrease of Php9,600