Use this information for Harry Company to answer the question that follow. The following data are given for Harry Company: Budgeted production 1,048 units Actual production 974 units Materials: Standard price per ounce $1.876 Standard ounces per completed unit 10 Actual ounces purchased and used in production 10,032 Actual price paid for materials $20,566 Labor: Standard hourly labor rate $14.70 per hour Standard hours allowed per completed unit 4.0 Actual labor hours worked 5,016 Actual total labor costs $81,510 Overhead: Actual and budgeted fixed overhead $1,163,000 Standard variable overhead rate $26.00 per standard labor hour $140,448 Actual variable overhead costs Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.) The direct labor rate variance is Oa. $24,238.80 favorable Budgeted production 1,048 uns Actual production 974 units Materials: Standard price per $1.876 ounce Standard ounces per completed unit 10 Actual ounces purchased and used in production 10,032 Actual price paid for materials $20,566 Labor: Standard hourly labor rate $14.70 per hour 4.0 Standard hours allowed per completed unit 5,016 Actual labor hours worked $81,510 Actual total labor costs Overhead: $1,163,000 Actual and budgeted fixed overhead $26.00 per standard labor hour Standard variable overhead rate $140,448 Actual variable overhead costs Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.) The direct labor rate variance is a. $24,238.80 favorable b. $24,238.80 unfavorable Oc. $7,774.80 favorable Od. $7,774.80 unfavorable