What is the direct materials quantity variance? a. $3,600 favorable b. $1,240 favorable c. $3,600 favorable d. $1,240 unfavorable 5. 6. The following data relate to direct labor costs for the current period Standard costs Actual costs 9,000 hours at $5.50 8,500 hours at $5.75 What is the direct labor rate variance? a. $2,250.00 unfavorable b. $2,125.00 unfavorable c. $2,250.00 favorable d. $2,125.00 favorable 7. The following data relate to direct labor costs for the current period: Standard costs Actual costs 36,000 hours at $22.00 35,000 hours at $23.00 What is the direct labor time variance? a. $36,000 unfavorable b. $35,000 unfavorable c. $23,000 favorable d. $22,000 favorable (Refer to the information below for Questions 8 and 9) 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% 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 Variable factory overhead Fixed factory overhead $202,500 60,000 Actual: 8. Wha is the amount of the factory overhead volume variance? a. $12,500 favorable b. $10,000 unfavorable c. $12,500 unfavorable d. $10,000 favorable