Generic Light Bulb Company manufactures light bulbs. The standard direct materials quantity required to produce one globe light bulb is % pound at a cost of $1.30 per pound. During November, 1,200 globe light bulbs were produced using 215 pounds of direct materials that cost $387 What is the direct materials cost variance? (Do not round intermediary calculations. Round the final answer to the nearest cent.) OA. $110.50 U OB. $107.50 F Se OC. $110.50 F 2 OD. $107.50 U