Epley Corporation makes a product with the following standard costs:

Standard Quantity or Hours Standard Price or Rate Direct materials 12.0 pounds $11.5 per pound Direct labor 0.8 hours $36.00 per hour Variable overhead 0.8 hours $17.00 per hour

In July the company produced 3,470 units using 13,880 pounds of the direct material and 2,896 direct labor-hours. During the month, the company purchased 14,640 pounds of the direct material at a cost of $35,100. The actual direct labor cost was $103,840 and the actual variable overhead cost was $47,220.

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

The labor rate variance for July is:

$416 F $416 U $3,904 U $3,904 F

The following labor standards have been established for a particular product:

Standard labor-hours per unit of output 8.8 hours Standard labor rate $12.60 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked 6,600 hours Actual total labor cost $80,520 Actual output 950 units

What is the labor efficiency variance for the month?

$24,816 F $24,816 U $21,472 F $22,176 F