Columbus Company provides the following standard cost data: Direct Material (3 gallons @ $5 per gallon) $15 Direct Labor (2 hours @ $12 per hour) $24 During the period, Columbus Company produced and sold 24,000 units. Following are the amounts of material and labor used to produce the 24,000 units, and their respective actual costs: Direct Material: 71,500 gallons at $5.05 per gallon Direct Labor: 49,000 hours at $12.00 per hour Circle (or highlight) the correct answer.

a. The Direct Material price variance was: [3 points] A) F B) U C) 0

b. The Direct Material usage variance was: [3 points] A) F B) U C) 0

c. The Direct Labor rate variance was: [3 points] A) F B) U C) 0

d. The Direct Labor efficiency variance was: [3 points] A) F B) U C) 0