Pineapple Valley Manufacturing produces the glass vases used by florists. Each vase requires 15 minutes of direct labor time for which glass blowers are budgeted at $30 per hour. During November, Pineapple Valley produced 12000 glass vases which required 4550 hours of direct labor. Pineapple Valley paid wages to the glass blowers of $76500 during November. What is Pineapple Valley's direct labor rate variance for November?

$60000 favorable

$46500 unfavorable

$46500 favorable

$60000 unfavorable