Swifty Incasements manufactures protective cases for MP3 players. During November, the company's workers clocked 740 more direct labor hours than the flexible budget amount of 25,480 hours to complete 117,200 cases for the Christmas season. All workers were paid $8.91 per hour, which was $0.49 less than the standard wage rate. Calculate Swifty's direct labor efficiency variance. Direct labor efficiency variance 1A Unfavorable Crane Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2,800 kits was prepared for the year. Fixed operating expenses account for 75% of total operating expenses at this level of sales. Sales Cost of goods sold (all variable) Gross margin $ 280,000 184,800 95,200 Operating expenses Operating income 70,000 25,200 Assume that Crane Sports actually sold 2,500 volleyball kits during the year at a price of $102 per kit. Calculate the sales volume variance for sales revenue and cost of goods sold. (If variance is zero, select "Not Applicable" and enter O for the amounts.) Flexible Budget Unit Sales 2500 Sales revenue Sales Volume Variance Unfavorable 250000 $ 30000 Unfavorable Cost of goods sold 165000 Static Budget 2800 280000 Favorable 184800