Use this information to answer the question that follow. The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% of normal capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows: Standard: 25,000 hours at $10 $250,000 $ 202,500 Actual: Variable factory overhead Fixed factory overhead 60,000 What is the variable factory overhead controllable variance? Oa. $2,500 unfavorable Ob. $10,000 favorable Oc. $10,000 unfavorable Od. $2,500 favorable Use this information for Lucy Corporation to answer the question that follow. 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 23,500 units. The direct materials quantity variance is Oa. $63,000 unfavorable Ob. $59,400 favorable Oc. $59,400 unfavorable Od. $63,000 favorable The standard costs and actual costs for direct labor in the manufacture of 2,500 units of product are as follows: Standard Costs Direct labor 7,500 hours @ $11.80 Actual Costs Direct labor 7,400 hours @ $11.40 The direct labor time variance is Oa. $1,180 favorable $1,140 unfavorable Oc. $1,180 unfavorable Od. $1,140 favorable Ob. $1,14 The following data relate to direct labor costs for August: Actual costs: 5,500 hours at $24.00 per hour Standard costs: 5,000 hours at $23.70 per hour What is the direct labor rate variance? Oa $1,650 unfavorable Ob. $1,500 unfavorable Oc. $1,650 favorable Od. $1,500 favorable Use this information to answer the question that follow. The following data relate to direct labor costs for March: Rate: standard, $12.00; actual, $12.25 Hours: standard, 18,500; actual, 17,955 Units of production: 9,450 Calculate the total direct labor variance. Oa. $2,362.50 favorable Ob. $2,051.25 unfavorable Oc. $2,051.25 favorable Od. $2,362.50 unfavorable