Homework 70 0 Holo Submit 9 Assume the following Information appears in the standard cost card for an enterprise that makes only one product Standard Quantity Standard Price or Hours Or Rate Direct materials 5 pounds $11.00 per pound Direct labor 2 hours $17.00 per hour Variable manufacturing overhead 2 hours $ 3.00 per hour 10 points Standard Cout $55.00 $34.00 $ 6.00 ASK During the most recent period, the following additional Information was available: 20,000 pounds of material was purchased at a cost of $10.50 per pound . All of the material that was purchased was used to produce 3,900 units 8.000 direct labor-hours were recorded at a total cost of $132.000 front What is the direct labor spending variance? Multiple Choice 5600 F $600 U $3.300 F