Devon Company has collected the following data for one of its products: Direct materials standard (4 pounds @ $1/b.) Direct materials flexible budget varianceunfavorable Actual direct materials used Actual units produced $4 per unit $15,000 102,000 pounds 21,000 units What is the direct materials efficiency variance? O A. $21,000 F OB. $18,000 U OC. $18,000 F OD. $21,000 U Stafford Company uses standard costs for its manufacturing division. Standards specify 0.2 direct labor hours per unit of product. The allocation base for variable overhead costs is direct labor hours. At the beginning of the year, the static budget for variable overhead costs included the following data: Production volume 6,100 units Budgeted variable overhead costs $14,000 Budgeted direct labor hours 630 hours At the end of the year, actual data were as follows: Production volume 4,200 units Actual variable overhead costs $15,400 Actual direct labor hours 495 hours How much is the standard cost per direct labor hour for variable overhead? (Round your answer to the nearest cent.) O A. $24.44 per direct labor hour O B. $16.67 per direct labor hour OC. $28.28 per direct labor hour O D. $22.22 per direct labor hour Accurate Tax Returns budgets two direct labor hours for every tax return that it prepares, at a standard cost of $32 an hour. During the most recent year, 510 returns were completed with the labor cost totaling $20,000. The actual labor cost was $39.22 per hour during that period. The actual number of labor hours was 1,100. What is the direct labor cost variance? O A. $7,942 U O B. $35,200 U OC. $35,200 F OD. $3,680 F