Question 4 20 pts The Schuyler Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor: Direct materials: 10 lb. at $4.50 per lb. $45.00 Direct manufacturing labor: 0.5 hour at $30 per hour 15.00 The number of finished units budgeted for January 2017 was 10,000; 9,850 units were actually produced. Actual results in January 2017 were as follows: Direct materials: 98,055 lb. used Direct manufacturing labor: 4,900 hours $154,350 During the month, materials purchased amounted to 100,000 lb., at a total cost of $465,000. The Direct Labor Rate Variance is: O $7,350 Fav O $7,350 Unfav O $750 Fav O $750 Unfav