Question 30 3.33 pts E Company has developed the following standards for one of its products: Direct materials: 20 pounds at $4 per pound Direct labor: 5 hours at $18 per hour The following activities occurred during the month of October Materials used: 220,000 pounds at $4.20 per pound Units produced: 10.000 units Direct labor: 51.000 hours at $17.70 per hour E's direct labor quantity variance would be $17.700 unfavorable $18,000 unfavorable $18,000 favorable $17.700 favorable