D Question 13 3 pts The Chad Company produces and sells Bean Bag Chairs. Standards for the product follow: . Direct materials, 8 yards at $2.00 per yard . Direct labor, $ direct labor hour at $10 per direct labor hour . Variable overhead, # direct labor hour at $2 per direct labor hour . Fixed overhead, $5 direct labor hour at $6 per direct labor hour . Standards are based on 24,000 budgeted direct labor hours per year. The company manufactured and sold 44,000 units of product during the year. A total of 360,000 yards of material was purchased and used during the year at a cost of $2.25 per yard. The company worked 23,500 direct labor hours during the year at a rate of $8.10 per hour. Actual variable overhead costs were $45,000. Actual fixed overhead costs were $143,000. Compute the direct labor efficiency variance [dle]. Indicate favorable variances with an F and unfavorable variances with a U. DO NOT PUT A SPACE BETWEEN THE NUMBERS AND THE F/U designation and do not use a NEGATIVE (-) sign