The Leonard Company uses standard costs in its factory. The standard cost to produce one unit is as follows Direct materials (1 g * $32/g) $32 Direct labor (1.5 hours x $20 per hour) 30 Variable overhead (1.5 direct labour hours x $10 per hour) 15 Fixed Overhead (1.5 direct labour hours x $16 per hour) 24 $101 Standards are based on normal monthly production involving 9,000 direct labor hours (6,000 units). The actual results for the most recent month are: $174.900 Direct materials purchased and used (5,300 g * $33/g) Direct labor (8,400 hours) 176,400 Actual fixed factory overhead 135,000 Actual variable factory overhead 100,000 A total of 5,000 units were produced and sold during the month. 8. What was the Direct Materials Price Variance for the month? a) $9,600 U b) Unable to calculate with data given c) $5,300 F d) $5,300 U 9. What was the Direct Labour Efficiency Variance for the month? a) $18.000 U b) $12,000 U c) $12,000 F d) $18,900 U 10. What was the Variable Overhead Price (Rate) Variance for the month? a) $16,000 F b) $16.000 U c) $25,000 F d) $ 9,000 F 11. What was over or under-applied variable overhead for the month? a) $100,000 over applied b) $ 75,000 under applied c) $ 25,000 under applied d) $ 25,000 over applied 12. What was the Fixed Overhead Production Volume Variance for the month? a) $ 24,000 U b) $120,000 U c) $144,000 U d) $ 24,000 F 13. What would be a possible reason for an unfavourable Direct Labour Efficiency Variance? a) One of the machines broke down and a batch had to be scrapped. b) The worker's hourly rate of pay increased. c) The rates for payroll taxes like CPP and El increased. d) The supervisors' salaries were increased