Oceanside Marinh Company manufactures special melalle materials and docorative fittings for lunury yachts that require highly skiled labor: Oceanside uses standard costs to prepare its fexoble budget. For the first quarter of the year, direct materials and direct lober standards for one of their popular products were as folowe. Direct materiale: 2 pound per unit; $12 per pound Diredt labor: 2 hours per unit $16 per hour Oceanside prodiced 4,000 units duing the quarter. Al the end of the puartet, an examination of the direct materials records showed that the compary used 7,500 pounds of diract materials and actual total muterials conts were 598,400 . What is the drect maherisis cost variance? (Round any irtermediate calculations to the nearest cent, and your Snal antwer to the nearest dollar) A. $4.480 Untavorable B. $5.400 Untevorable c. 34.480 Fevorable D. $1.400 Favorabile First Choice Corpets is considering purchasing new weaving equipment costing $710,000. The company's marnagensent has estimated that the oquipment wit generafe cath inflows as follows: Considering the masidual value is zero, caloulate the peyback period. (Round your answer to two decinal places) A. a.t8 years B. 4.45 years C. 3.08 years D. 3 TByears