Hassock Corp. produces woven wall hangings. It takes 3 hours of direct labor to produce a single wall hanging. Hassock's standard labor cost is $12 per hour. During August, Hassock produced 9,000 units and used 27,160 hours of direct labor at a total cost of $323,220. What is Hassock's labor rate variance for August? Multiple Choice $2,684 favorable. O $2,684 unfavorable. $2,700 favorable. $5,384 favorable O $2,700 unfavorable