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Hassock Corporation produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassocks standard labor cost is $16

Hassock Corporation produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassocks standard labor cost is $16 per hour. During August, Hassock produced 10,000 units and used 20,500 hours of direct labor at a total cost of $325,000. What is Hassocks labor efficiency variance for August? Multiple Choice $11,000 unfavorable. $6,000 favorable. $5,000 unfavorable. $8,000 favorable. $8,000 unfavorable

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