Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (.50 hrs. @ $13.30/hr.) Actual direct labor hours Actual finished units produced Actual cost of direct labor $ 6.65 per finished unit 87,300 hrs. 174,400 units $1,170,760 $11,000 unfavorable. $9,670 favorable $1,330 unfavorable. $1,330 favorable. $11,000 favorable. Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $186,000 and Bowen's is $162,500. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $166,000 in the partnership. The balances in Mace's and Bowen's capital accounts after admission of the new partner equal: Mace $191,825; Bowen $168,325. Mace $197,650; Bowen $162,500. O Mace $186,000; Bowen $174,150. Mace $186,000; Bowen $162,500. Mace $180,175; Bowen $156,675. Martin Company purchases a machine at the beginning of the year at a cost of $66,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 4 years with a $4,000 salvage value. The book value of the machine at the end of year 4 is: $62,000. $0. $15,500. O $33,000. O $4,000