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MC Qu. 82 Hassock Corp. produces woven... Hassock Corp. produces woven wall hangings. It takes 4 hours of direct labor to produce a single wall

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MC Qu. 82 Hassock Corp. produces woven... 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 15,000 units and used 60,170 hours of direct labor at a total cost of $960,720. What is Hassock's labor rate variance for August? Multiple Choice $1,994 favorable. $2,000 unfavorable. $2,000 favorable

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