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A company uses the following standard costs to produce a single unit of output. During the latest month, the company purchased and used 78,000 pounds

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A company uses the following standard costs to produce a single unit of output. During the latest month, the company purchased and used 78,000 pounds of direct materials at a price of $1.20 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $21,098 based on 2,740 direct labor hours worked. Variable manufacturing overhead costs incufred totaled $6,200 and fixed manufacturing overhead incurred was $11,000. Based on this information, the total direct labor variance for the month was: Multiple Choice $2,902 favorable $822 favorable $2,080 unfavorable

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