Question 16 (4 points) In producing product ZZ, 14,800 direct labor hours were used at a rate of $8.20 per hour. The standard was 15,000 hours at $8.00 per hour. Based on these data, the direct labor: O a) price variance is $3,000 unfavorable. Ob) quantity variance is $1,600 unfavorable. Oc) price variance is $3,000 favorable. d) quantity variance is $1,600 favorable