Condor produced 27,500 units during October, using 32,000 direct labor hours. They expected to use 31,550 hours per the standard cost sheet. Condor's employees were paid $16.75 per hour for the month of October. The standard cost sheet uses $17.50 as the standard hourly rate. What was the total labor variance for the month of October? $16,125 unfavorable $7.875 unfavorable $7,875 favorable O $7,537.50 favorable $24,000 unfavorable O $7,537.50 unfavorable $24,000 favorable O $16,125 favorable