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The Russell Company provides the following standard cost data per unit of product Direct material (2 gallons @ $2 per gallon) Direct labor (1 hours

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The Russell Company provides the following standard cost data per unit of product Direct material (2 gallons @ $2 per gallon) Direct labor (1 hours @ $13 per hour) $ 4.00 $13.00 During the period, the company produced and sold 23,000 units, incurring the following costs: Direct material Direct labor 49,000 gallons @ $ 1.90 per gallon 23,500 hours @ $12.75 per hour The direct labor price variance was: Multiple Choice O $5,875 unfavorable. $5,750 unfavorable. O $5,750 favorable. $5,875 favorable

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