QUESTION Jacob Electronics Corporation standard for the production I OD hours. The standard direct labor couper hour 637 20. ung the month of Aug direct labor hours at a total direct labor cost of $40, TOO. This rese in production of 6.00 w for variance for Augustis est to $2.000 Unfavorable $1,188 Unfavorable $072 Unfavorable $1.242 Unfavorable 31,188 Favorable $2,808 Favorable $1,242 Favorable $930 Favorable $972 Favorable $930 Unfavorable QUESTION 2 Jacob Electronics Corporation uses a standard cost system for the production of its water ski radios. The direct labor standard for each radio is 0.9 hours. The standard direct labor cost per hour is $7 20. During the month of August, Jacob's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708. This resulted in production of 6,900 waterski radios for August. Jacobs labor rate variance for August is closest to $2,808 Unfavorable $1,188 Unfavorable $972 Unfavorable $1,242 Unfavorable $1,188 Favorable. $2,808 Favorable. $1,242 Favorable $930 Favorable $972 Favorable. $930 Unfavorable