7. The Flapjack Corporation had 7,992 actual direct labor hours at an actual rate of $12.32 per hour. Original production had been budgeted for 1,100 units, but only 999 units were actually produced. Labor standards were 7.0 hours per completed unit at a standard rate of $13.00 per hour. Round your answer to the nearest cent. The labor time variance is which from below $5,442.55 unfavorable $5,442.55 favorablel $12,987.00 unfavorable $12,987.00 favorable 30 The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.96; actual, $2.05 Standard yards per unit: standard, 4.70 yards: actual, 5.26 yards Units of production: 9.400 Calculate the direct materials quantity variance a. $10,791.20 favorable b. 510.317.44 favorable c. $10,791.20 unfavorable d. $10.317.44 unfavorable