Assembly line workers at Sheridan Manufacturing worked a total of 13800 direct labor hours to produce 37800 units. The standard for producing one unit is 15 minutes at a wage rate of $11.8. If the actual wage rate was $12.3 per direct labor hour, Sheridans direct labor rate variance is

$4725 favorable.

$4725 unfavorable.

$6900 favorable.

$6900 unfavorable.