Colonial Pewter makes pewter bookends. 2,000 bookends were made. Use the data below to calculate a direct labor efficiency variance. Include whether the variance is favorable or unfavorable. _{Standards used:} Direct Materials: 3 pounds x $3.50 per pound = $10.50 per unit. Direct Labor: 2 hours x $10 per hour = $20 per unit Var. Manuf. Ovhrd: 2 hurs per unit x $3 per hour = $6 per unit

Actual Costs: Direct Materials: 8,000 pounds of pewter purchased for $3 per pound for $24,000 Direct Labor: 5,000 hurs at $11 per hour was paid for $55,000 Var. Manuf. Ovhrd: $8,000 (assume 2,000 labor hours at $4 per hour)