Crane Company produces a product requiring 3 direct labor hours at $16.00 per hour. During January, 800 products are produced using 2700 direct labor hours. Crane's actual payroll during January was $42120. What is the labor quantity variance? $4800 $1080 F O $4800 F O $37200 Crane Company reported the following information for 2016: Budgeted sales October November December $1210000 $1130000 $1410000 . All sales are on credit. Customer amounts on account are collected 50% in the month of sale and 50% in the following month. How much cash will Crane receive in November? O $1170000 O $1130000 $1270000 $565000