Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (2.00 hrs. $13.20/hr. 26.40 per finished unit Actual direct labor hours Actual finished units produced Actual cost of direct labor 83,500 hrs. 41,700 units $1,111,880 Multiple Choice $11,000 unfavorable. $1,320 unfavorable $1,320 favorable. $11,000 favorable. $9,680 favorable