Question 15 8.5pts Madrid Co. has a direct labor standard of 4 hours per unit of output. Each employee has a standard wage rate of $11 per hour. During February, Madrid Co. paid $99,500 to employees for 9,150 hours worked. 2,400 units were produced during February. What is the direct labor rate variance? $1,150 favorable $4,950 favorable $6,100 favorable $302 favorable Question 14 8.5pts Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $22.50 per hour. During July, Whitman paid $94,750 to employees for 4,445 hours worked. 2,350 units were produced during July. What is the direct labor efficiency variance? $11,000.00 favorable $5,737.50 favorable $5,262.50 favorable $5,262.50 unfavorable