Lalas Company uses the following rule to determine whether labor efficiency variances should be investigated: A labor efficiency variance will be investigated when the variance is greater than either $100 or 10 percent of the standard labor cost. During September, the company used 500 direct labor hours at a rate of $15 per hour. Its standard rate is 475 direct labor hours at a rate of $14.50 per hour. Determine the company's labor efficiency variance and whether it is favorable or unfavorable. Should the variance be investigated