The following labor standards have been established for a particular product: Standard labor-hours per unit of output 10.1 hours Standard labor rate $13.90 per hour The following data pertain to operations concerning the product for the last month 7,900 hours Actual hours worked Actual total labor cost $106,650 Actual output 1,100 units What is the labor efficiency variance for the month? Dallas Snow Removal's cost formula for its vehicle operating cost is $2,060 per month plus $306 per snow-day. For the month of January, the company planned for activity of 16 snow-days, but the actual level of activity was 18 snow-days. The actual vehicle operating cost for the month was $7,720. The vehicle operating cost in the static or planning budget for January would be closest to: Multiple Choice $7,720 $7,568 $6,956 The following standards have been established for a raw material used to make product 084: Standard quantity of the material per unit of output Standard price of the material 8.1 meters $ 19.30 per meter The following data pertain to a recent month's operations: Actual material purchased Actual cost of material purchased Actual material used in production Actual output 4,400 meters $88,880 4,100 meters 600 units of product 084 The direct materials purchases variance is computed when the materials are purchased. Required: a. What is the materials price variance for the month? b. What is the materials quantity variance for the month? (Indicate the effect of each variance by selecting " for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) a. Materials price variance b. Materials quantity variance The following materials standards have been established for a particular product: Standard quantity per unit of output 4.5 meters Standard price $18.80 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased$158,800 8,000 meters Actual materials used in production 7,300 meters Actual output 1,560 units What is the materials price variance for the month