Diana Industries, Inc. (DID), developed standard costs for direct material and direct labor. DII estimated the following standard costs for one of their major products, the 10- gallon plastic container Budgeted quantity Direct materials 0.10 pounds Direct labor 0.05 hours Budgeted price $15 per hour During June, DII produced and sold 10,000 containers using 980 pounds of direct materials at an average cost per pound of $32 and 500 direct manufacturing labor-hours at an average wage of $15.25 per hour June's direct manufacturing labor rate variance is: O No variance exists. O $125 unfavorable O $7,623.50 unfavorable O $125 favorable $30 per pound

average waye of 51525 per boue Jane's stirect masafucturing laber rate variance in: No variance exists $125 unfavorable 57,623.50 unfavorable $125 favorable