Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor rate variance. Direct labor standard (2 hrs. @ $12.75/hr.) Actual direct labor hours Actual finished units produced Actual cost of direct labor $ 25.50 per finished unit 81,580 hrs. 40,000 units $1,100,250 Multiple Choice $80.250 favorable. $19,125 unfavorable o oo O $61,125 unfavorable. O $61.125 favorable. 0 $80,250 unfavorable