Coronado Products embosses notebooks with school and corporate logos. Last year, the company's direct labor payroll totaled $363,786 for 49,260 direct labor hours. The standard wage rate is $7.50 per direct labor hour. Calculate Coronado's direct labor rate variance. (Round answer to O decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter O for the amounts.) $ Favorable Direct labor rate variance