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Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance. Direct labor standard (2 hours @

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Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance. Direct labor standard (2 hours @ $13.00/hour) Actual direct labor hours Actual finished units produced Actual cost of direct labor $ 26.00 per finished unit 87,000 hours 42,750 units $ 1,174,500 Multiple Choice $63,000 unfavorable. $63,000 favorable. $43,500 favorable. $43,500 unfavorable

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