X 1 pts Question 37 Elementary T's is a local clothing shop that makes a variety of soft, colorful t-shirt styles for kids. Below is some actual vs. budget information for Elementary's t-shirts for the month of December. Assume no beginning/ending inventories for simplicity. Data for the Month of December Static Actual Budget T shirts made and sold 3.500 3.250 Selling price per t-shirt $9 $10 Yards of fabric per t-shirt 11 1 Cost per yard of fabric $1.80 $1.65 Time in hours to sew one t-shirt 05 0.4 Cost of direct labor per hour) $15 $16 Variable overhead costs $3.200 $3,000 utilities sewing machine maintenance, 3.500 3.250 #T-shirts made and sold $9 $10 Seling price per t-shirt 1.1 1 Yards of fabric per t-shirt Cost per yard of fabric $1.80 $1.65 Time in hours to sew one t-shirt 05 0.4 Cost of direct labor (per hour) $15 $16 Varuble overhead costs $3,200 $3,000 tilties, sewing machine maintenance, etc) Fored overhead costs 54,800 $4.900 store rent, Insurance, etc) What is the price variance for direct labor? 51750 $13000 $1750F $1,300F