Eastern Seams is a local casual clothing shop that makes a variety of t-shirt styles. Below is some actual vs. budget information for Eastern's t-shirts for the month of May. Assume no beginning ending inventories for simplicity. The cost-allocation base for both variable and fixed overhead is direct labor-hours. Data for the Month of May Static Actual Budget 5.2005,350 $17 $18 $2.68 = T-shirts made and sold Selling price per t-shirt Yards of fabric per t-shirt Cost per yard of fabric Time in hours to sew one t-shirt Cost of direct labor (per hour) Variable overhead costs utilities, sewing machine maintenance, etc.) Fixed overhead costs store rent, insurance, etc.) $2.81 025 S14 $3,800 S15 $3,000 34.700 54.800 What is the price variance for direct labor? O a $1,300F b. 51,300 o $1,040F od $1,040U