The following data relate to product no. 33 of Volusia Corporation: 34 Direct labor standard: 5 hours at $14 per hour Direct labor used in production: 43,000 hours at a cost of $610,600 Manufacturing activity: 8,400 units completed 8 04:26:39 The direct-labor efficiency variance is: Print Multiple Choice $14.000F. $14,00. $14.20. $14,20. None of the answers is correct. 35 $ 7.50 36.00 8 04:26:24 Cost standards for one unit of product no. 077: Direct material 3 pounds at $2.50 per pound Direct labor 5 hours at $7.20 per hour Actual results: Units produced 8,100 units Direct material purchased 26,900 pounds at $2.70 Direct material used 24,000 pounds at $2.70 Direct labor 41,000 hours at $7.00 $ 72,630 64,800 287,000 Print Assume that the company computes variances at the earliest point in time. The direct-material quantity variance is: Multiple Choice O 0 $750F. O $750U. O $6,500U. O $6,500F O None of the answers is correct