Assume the following: The standard labor rate per hour is $17.75. The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 43,600 hours. The total actual direct labor cost for the period was $726,000. The company produced 15,000 units of finished goods during the period. What is the labor efficiency variance? Multiple Choice $24,850 F $24,850 U $47,900 F $47,900 U