" Oceanside Marine Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Oceanside uses standard costs first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows Direct materials 1 pound per unit, $12 per pound Direct labor 4 hours per unit, $15 per hour Oceanside produced 1,000 units during the quarter. At the end of the quarter, an examination of the direct materials records showed that the company used 6,500 pounds of materials costs were $99,600 What is the direct materials cost variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar) OA. $3,320 Favorable OB. $21,580 Unfavorable OC. $21,580 Favorable OD. $3,320 Unfavorable Oceanside Marine Company manufactures special metallic materials and decorative fings for luxury yachts that require highly skilled labor Oceanside unes standard costs to prepare budget for the first quarter of the year direct materials and drect labor standards for one of the popular products were as follows Deect materials 1 pound per unit, $12 per pound Drect tabor 4 hours per unit, $15 per hour Oceanside produced 1,000 units during the quarter. At the end of the quarter, an examination of the deect materials records showed that the company used 6500 pounds of direct m materials costs were 599.000. What is the direct materias cost vanance? (found any intermediate calculations to the nearest cent, and your final answer to the nearest dodery OA $3,320 Favorable OB. $21.500 Unfavorable OC. $21,580 Favorable OD. $3.320 Unfavorable