The Thompson Company has established the following direct material and direct labor standards for each unit of Lept that it makes: 2 gallons at $4 per gallon 0.5 hours at $8 per hour During September, the company made 6,000 Lepts and incurred the following costs: Direct materials purchased 13,400 gallons at $4.10 per gallon 12,600 gallons Direct materials used in production Direct labor used 2,800 hours at $7.65 per hour Direct materials Direct labor The materials price variance for September was: $1,340 favorable $1,260 unfavorable0 O$1,260 favorable $1,340 unfavorable

The Thompson Company has established the following direct material and direct labor standards for each unit of Lept that it makes: During September, the company made 6,000 Lepts and incurred the following costs: The materials price variance for September was: $1,340 favorable $1,260 unfavorable0 $1,260 favorable $1,340 unfavorable The direct labor efficiency variance for September was: $3,200 favorable $22,400 favorable $33,600 favorable $1,600 favorable