QUESTIONS 8-9 REFER TO THE FOLLOWING INFORMATION: Hero Sdn Bhd has the following standards cost for one of its products: RM6 Direct materials (2 kg at RM3) Direct labour (0.6 hr at RM3) RM6 During the most recent year, the following actual results were recorded: Production Direct materials (10,000 kg purchased and used) Direct labour (5,000 hrs) 7,000 units RM50,000 RM20,000 8. Materials price variance is: A. RM20,000(F). B. RM20,000 (U). C. RM10,000 (U). D. RM10,000(F). 9. Labour rate variance is: A. RM5000 (U). B. RM5000 (F). C. RM10,000 (F) D. RM10,000(U)