Answer the following questions using the information below: Polly's Pizza Manufacturing prepared the a flexible budget for last month. Some of the variance analyses are reported below. "F" denotes a favorable variance and "U" denotes an unfavorable variance. Flexible Variances Budget Price Efficiency. Direct labor 7,500 1120 750F The actual amount spent for direct manufacturing labor was: O a) $6,638 O b) $6,862 O c) $ 8,128 O d) $8,362 Question 22 (1 point) Refer to the question above for Polly's Pizza Manufacturing. Which of the statement below may explain the direct manufacturing labor variance above? The average wage rate paid to employees was more than expected. I. Employees did not work as efficiently as expected to accomplish the job. Ill. The employees worked more efficiently than planned. IV. The average wage rate paid to employees was less than expected. O a) Ill and IV may explain the results above O b) I and II may explain the results above c) I and Ill may explain the results above O d) I and IV may explain the results above