Hassock Corp. produces woven wall hangings. It takes 4 hours of direct labor to produce a single wall hanging. Hassock's standard labor cost is $16 per hour. During August, Hassock produced 14,900 units and used 60,170 hours of direct labor at a total cost of $960,720. What is Hassock's labor efficiency variance for August? Multiple Choice $9,120 unfavorable $11,120 unfavorable $7120 unfavorable $9.120 favorable $4.000 favorable