9. The following information is available for Mexcore Chemical Corporation for this last year: Budgeted Production: 5,000 units Standard Direct Labor rate: $12 hour Standard Direct Labor usage: 5 hours/unit Standard Direct Materials price: $500/container Standard Direct Materials usage: 0.25 containers/unit Standard Variable Overhead rate: $15/direct labor hour Actual Production: 4,800 units Actual Direct Labor rate: $13/hour Actual Direct Labor Usage: 22,000 hours Actual Direct Materials price: $495/container Actual Direct Materials usage: 1.200 containers (amounts used and purchased are the same) Actual Variable Overhead incurred: $400,000 What is the Direct Labor Flexible Budget Variance? (4 points) A. $3,500 Favorable Variance B. $2,000 Unfavorable Variance c. $2,000 Favorable Variance D. $3,000 Unfavorable Variance Standard Cost = Actual Units x Standard Rate x Standard usage Standard Direct Labor Cost: _ _units x hours/unit x $ /hour = $ _hours x Actual Direct Labor Cost: $_ /hour = $ Flexible Budget Variance (Actual - Standard)