Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassock's standard labor cost is $18 per hour. During August, Hassock produced 11,000 units and used 22,140 hours of direct labor at a total cost of $395,720. What is Hassock's labor rate variance for August? $2,782 favorable. $2,800 unfavorable. $2,800 favorable. $5,582 favorable, $2,782 unfavorable