Lincoln Corporation used the following data to evaluate their Units sold Variable costs Fixed costs Actual 43,000 units $166.000 $41,000 Budgeted 33,000 units $150,000 $58,000 What is the static-budget variance of operating income? $164,000 unfavorable $181,000 unfavorable $181,000 favorable $164,000 favorable will nothie reenanse tion 14 The following data for the Smith Toy Company pertains to the production of 2,000 units of XYZ, their most popular toy. Direct Manufacturing Labor Standard cost is 5 toys per hour at $20 per hour. Actual cost per hour was $21.00 Labor efficiency variance was $500 favorable What is the total actual cost of direct manufacturing labor? $8,400 $8,000 $8,925 $7,875 Moving to another question will save this response