Moving to another question will save this response. Question 7 Solly Corporation produces a product for national distribution. Standards for the product are: Materials: 12 ounces per unit at 60c per ounce. . Labor: 2 hours per unit at $8 per hour. During the month of December, the company produced 1,000 units. Information for the month follows: . Materials: 14,000 ounces purchased and used at a total cost of $7,700. .Labor: 2,500 hours worked at a total cost of $20,625. The labor efficiency variance is: $4,000 F $4,125 F $4,125 U O$4,000 U 6 Ps Lr