Question 8 Mohammed Company employs a standard cost system. Mohammed has established the following standards for one unit of product Direct materials Direct labor Standard Quantity 12.0 pounds 2.0 hours Standard Price $7.00/pound $15.00 hour 10 points Sw Amer Standard Cost $84.00 75.00 During June, Mohammed planned to produce 21,000 units of product. It purchased 330,000 pounds of direct material at a total cost of $2,343,000. The total factory wages for June were $1,440,000. Mohammed manufactured 20,000 units of product during June using 302,000 pounds of direct material and 41,000 direct labor hours. How much is the labor efficiency variance? $15,000 unfavorable O $75,000 unfavorable $75,000 favorable O $15.000 favorable O $35.000 favorable Moving to another question will save this response Question of 201