JavaPro Systems is a start-up company that makes connectors for high-speed Internet connections. JavaPro Systems has budgeted three hours of direct labor per connector, at a standard cost of $ 16 per hour. During August, technicians actually worked 205 hours completing 74 connectors. All 74 connectors actually produced were sold. JavaPro paid the technicians $ 16.80 per hour. What is JavaPro's direct labor cost variance for August?

when taxes are levied on transactions, irrespective of the party they are levied on, a. the government can absorb some of the surplus, but also creates a social loss since some of the wealth creating transactions are discouraged b. the government can absorb all the producer surplus from the transactions as revenue c. the government can absorb all of the surplus (producer and consumer) d. the government can absorb all the consumer surplus from the transactions as revenue