Sheldon Company manufactures only one product and uses a standard cost system. During the past month, manufacturing operations for the company had the following variances: direct labor rate variance = $42,000 favorable; direct labor efficiency variance = $70,000 unfavorable. Sheldon allows 4 standard direct labor hours per unit produced, and its standard direct labor hourly pay rate is $50. During the month, the company used 20% more direct labor hours than the standard allowed for the output achieved. What was the direct labor flexible-budget (FB) variance for the month (rounded to the nearest dollar)? Multiple Choice $33,600 unfavorable. $112,000 unfavorable. $50,400 favorable Multiple Choice $33,600 unfavorable $112,000 unfavorable $50,400 favorable $84,000 unfavorable $28.000 unfavorable