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 5,200 $ 20.20 $397,800 $ 17.00 The direct labor efficiency variance for November (to the nearest dollar) was: Multiple Choice 0 $23,400 unfavorable. 0 $31,512 unfavorable. 0 $43,368 favorable. 0 $74,880 favorable 0 O $106,392 favorable