A job was budgeted to require 2 hours of labor per unit at $12.00 per hour. The job consisted of 8,000 units and was completed in 15,000 hours at a total labor cost of $196,200. What is the direct labor efficiency variance? Multiple Choice $4,200 unfavorable $12,000 unfavorable $12,000 favorable. $16,200 unfavorable. $16,200 favorable