In producing product Inov121, 14,800 direct labour hours were used at a rate of $4.10 per hour. The budgeted direct labour was 15,000 hours at $4.00 per hour. Based on these data, the direct labour:

	a.	Yield variance is $ 800 favorable.
	b.	price variance is $1,500 unfavorable.
	c.	Yield variance is $ 800 unfavorable.
	d.	price variance is $1,500 favorable.