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Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance. Direct labor standard (2 hrs. @ $12.75/hr.) Actual direct labor hours Actual finished units produced Actual cost of direct labor $ 25.50 per finished unit 92,900 hrs. 46,000 units $1,253,550 Multiple Choice 0 $80,550 unfavorable. 0 $80,550 favorable. 0 $69,075 favorable. 0 O $69,075 unfavorable. 0 $11,475 favorable