Europa Company manufactures only one product. Presented below is direct labor information for November. Standard direct labor hours per unit of product Number of finished units produced Standard wage rate per direct labor hour (SP) Total direct labor payroll for the period Actual wage rate per direct labor hour worked (AP) $ 4.20 5200 20.20 $ 397,800 A A A The direct labor rate variance for November (to the nearest dollar) was: O$106,392 favorable. 17.00 $43.368 favorable. $23,400 unfavorable. $31,512 unfavorable. $74,880 favorable.