Europa Company manufactures only one product. Presented below is direct labor information for November.

Standard direct labor hours per unit of product4.30Number of finished units produced5,100Standard wage rate per direct labor hour (SP)$ 20.30Total direct labor payroll for the period$ 401,850Actual wage rate per direct labor hour worked (AP)$ 17.10

The direct labor rate variance for November (to the nearest dollar) was:

Multiple Choice

$23,500 unfavorable.

$31,871 unfavorable.

$43,329 favorable.

$75,200 favorable.

$107,071 favorable.