Details about production during August are as follows: . . Each unit usually requires 2 hours of direct labor. Standard labor costs are $14 per hour. Total production is actually 8,000 units. Total direct labor useage is actually 16,140 hours. Total direct labor cost is actually $222,960. . . What is the labor rate variance for August? Multiple Choice $2,974 favorable. $5,974 favorable. $2,974 unfavorable.