PLEASE ANSWER BOTH QUESTIONS: NUMBER 1 AND NUMBER 2! THE LAST CHEGG EXPERT ONLY ANSWERED QUESTIONED 1. I NEED QUESTION 1 AND QUESTION 2 ANSWERED; THEREFORE, PLEASE ANSWER QUESTION 1 AND QUESTION 2!!! THANK YOU!!!

QUESTION 1) Cola Co. manufactures a product with a standard direct labor cost of two hours at $24.00 per hour. During July, 2,000 units were produced using 4,200 hours at $24.40 per hour. The labor rate variance was:

A) $1,680,U

B) $6,480 U

C) $6,480 F

D) $1,680 F

QUESTION 2) Cola Co. manufactures a product with a standard direct labor cost of two hours at $24.00 per hour. During July, 2,000 units were produced using 4,200 hours at $24.40 per hour. The labor efficiency variance was

a. $4,880 F

b. $4,800 U

c. $4,800 F

d. $4,880 U

A) $4,880 F

B) $4,800 U

C) $4,800 F

D) $4,880 U