Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor rate variance. Direct labor standard (2 hours @ $12.75/hour) $ 25.50 per finished unit Actual direct labor hours 85,600 hours Actual finished units produced 42,000 units Actual cost of direct labor $ 1,151,350

Multiple Choice

$80,350 unfavorable.

$80,350 favorable.

$59,950 favorable.

$59,950 unfavorable.

$20,400 unfavorable.