Devon Company has collected the following data for one of its products: Direct materials standard (4 pounds @ $1/lb.) Direct materials flexible budget variance--unfavorable $4 per unit $15,000 103,000 pounds 22,000 units Actual direct materials used Actual units produced What is the direct materials efficiency variance? $22,000 U $15,000 F $15,000 U $22,000 F Family Fashions uses standard costs for its manufacturing division. The allocation base for overhead costs is direct labor hours. From the following data, calculate the famed overhead vorne variance Actual fixed overhead Budgeted fixed overhead Standard overhead allocation rate Standard direct labor hours per unit Actual output 545,400 U $17.600 U $17,600 F $45,400 F