Paradise Corp. has determined a standard labor cost per unit of $30 (0.50 hour * $60 per hour). Last month, Paradise incurred 986 direct labor hours for which it paid $27,608. The company produced and sold 2,850 units during the month. Calculate the direct labor rate, efficiency, and spending variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to 2 decimal places.) Direct Labor Rate Variance 31,552 F Direct Labor Efficiency Variance $ 26,340 F Total Direct Labor Spending Variance $ 57,892 F Based on the above-calculated variances, what conclusion/inference can you draw regarding the direct labor in the company