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Hassock Corporation produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassock's standard labor cost is $18

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Hassock Corporation 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 14,900 units and used 30,200 hours of direct labor at a total cost of $539,800. What is Hassock's labor efficiency variance for August? Muliple Choice $3,400 unftrorable. $7,200 favorable. $7,600 favorable. $11.000 unfavorable. $7,200 unfavorable

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