Larson Company reported the following variances in Year 2. Which of the variances would be considered favorable? Standard Actual Sales volume 30,000 units 25,000 units Fixed cost $ 40, 000 $ 36, 500 Materials usage 5,000 pounds 4, 600 pounds Labor cost $ 12 per hour $ 14 per hour Multiple Choice O materials usage and fixed cost O sales volume, fixed cost and materials usage O labor cost and fixed cost O labor cost and sales volume