QUESTION 8 King, Inc. show direct labor costs for the month of October as follows: Standard direct labor hours Actual direct labor hours Direct labor rate variance - Favorable Standard direct labor rate per hour 42,000 40,000 $18,400 $11.50 Use the formula for direct labor rate variance to determine King's actual direct labor rate per hour for the month? O A $10.51 OB. 511.04 6C. $12.75 D. 510.96 QUESTION 9 Determine the total direct materials variance for the company with the following variances: Direct Materials cost variance $9,000 Unfavorable Direct Materials efficiency variance $16,000 Favorable Direct Labor Cost variance $17,400 Favorable Direct Labor efficiency variance $12,000 Unfavorable O A. $7,000 Favorable B. $21.000 Unfavorable $12.400 Favorable ED: $25.000 Favorable QUESTION 10 A favorable variance would occurs when: Actual revenues are less than budgeted revenues O A. Budgeted costs are less than actual costs OB. Standard cost is greater than actual costs KOC. Actual quantity used was greater than standard quantity KUD