Use this information for Flapjack Corporation to answer the question that follow. Flapjack Corporation had 7,776 actual direct labor hours at an actual rate of $12.16 per hour. Original production had been budgeted for 1,100 units, but only 972 units were actually produced. Labor standards were 7.4 hours per completed unit at a standard rate of $13.00 per hour. Round your answer to the nearest cent. The direct labor time variance is O$6,524.06 unfavorable O $6,524.06 favorable O$7,581.60 unfavorable O$7,581.60 favorable The following data are given for Bahia Company: 1,086 units 970 units $1.89 11 10,350 $21,217 Budgeted production (at 100% of normal capacity) Actual production Materials: Standard price per pound Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead $14.65 per hour 4.1 4,995.5 $76,181 Standard variable overhead rate $1,126,000 $27.00 per standard labor hour $139,874 Actual variable overhead costs Overhead is applied on standard labor hours. Round your final answer to the nearest dollar. The fixed factory overhead volume variance is Oa. $120,274 unfavorable Ob. $120,274 favorable Oc. $32,495 unfavorable Od. $32,495 favorable