Help TB Problem Qu. 10-224 Kropf Inc. has provided the following date.. Kropf Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. 8.80 liters 0.40 hours e.40 hours 8.40 per liter $28.70 per hour $7.38 per hour The company has reported the following actual results for the product for September 11,000 units 98,400 liters Raw materials purchased Actual cost of raw materials purchased Raw Actual direct labor-hours Actual direct labor cost Actual variable overhead cost $854, 500 ls used in production 96,830 1iters 4,800 hours $120,302 s 25,414 Required: a. Compute the materials price variance for September b. Compute the materials quantity variance for September Prev 10f 1 Next Help the labor rate the labor e esounts as positive eles Prey 1 of 1 Next rch