The Lucy Corporation purchased and used 129,000 board feet of lumber in production, at a total cost of $1,548,000. Original production had been budgeted for 22,000 units with a standard material quantity of 5.7 board feet per unit and a standard price of $12 per board foot. Actual production was 23,800 units. Compute the material quantity variance. 79,920F 79,920U 59,400F 59,400U Japan Company produces lamps that require 2.20 standard hours per unit at an hourly rate of $15.00 per hour. If 7,600 units required 19,250 hours at an hourly rate of $14.80 per hour, what is the direct labor cost variance? (show your work and show whether the variance is favorable or unfavorable)