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Argosy Marine Stores Company manufactures special metalic materials and decorativo fitings for luxury yachts that require highly skilled labor. Argony uses standard costs to preparo

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Argosy Marine Stores Company manufactures special metalic materials and decorativo fitings for luxury yachts that require highly skilled labor. Argony uses standard costs to preparo ita ferible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows Direct materials: 4 pounds per unit, $3 per pound Direct labor: 4 hours per unit; 517 per hour Argosy produced 5,000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 21.000 direct labor hours and actual total direct labor costs were $380,000. The direct labor efficiency variance was $17.000 U. Which of the following is a logical explanation for this variance? A. The company paid a higher cost per hour for labor than allowed by the standards. OB. The company used more labor hours than allowed by the standards OC. The company paid a higher cost for the direct materials than allowed by the standards OD. The company used a higher quantity of direct materials than allowed by the standards

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