Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance.

Direct labor standard $(2$ hours @ $$12\mathrm{.}75/$hour$)$ $ $25\mathrm{.}50$ per finished unit

Actual direct labor hours $84,500$ hours

Actual finished units produced $41,500$ units

Actual cost of direct labor $ $1,140,750$