Questions 27-30 are based on the following: Free Corporation provides the following data about its standards Price Quantity Standards $8 10 pounds Direct materials $20 12 hours Direct labor Actual Resources used, and Actual output Direct materials 20,500 pounds at $8.25 per pound Direct labor 24,250 hours at $21 per hour Units of output 2,000 Question 27 2 pts The standard quantity of direct materials allowed for actual output is: 20,500 pounds 10 pounds 20,000 pounds 16,000 pounds Question 28 2 pts The direct labor price variance is: $29,250 Favorable $24,250 Unfavorable $5,000 Unfavorable $5.125 Unfavorable Question 29 The direct labor efficiency variance is: $24,250 Unfavorable $4,000 Unfavorable $5,000 Unfavorable $29.250 Unfavorable 2. Question 30 The direct labor flexible budget variance is: $9.125 Unfavorable $5,000 Unfavorable $24.250 Unfavorable $29,250 Unfavorable