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Europa Company manufactures only one product. Presented below is direct labor information for November. Standard direct labor hours per unit of product 3.20 Number of

Europa Company manufactures only one product. Presented below is direct labor information for November.
Standard direct labor hours per unit of product 3.20
Number of finished units produced 6,370
Standard wage rate per direct labor hour (SP) $18.90
Total direct labor payroll for the period $351,761
Actual wage rate per direct labor hour worked (AP) $15.00
The labor rate variance in November for the output produced is:
$33,497 favorable
$91,458 favorable
$91,458 unfavorable
$92,458 favorable
$57,961 unfavorable

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