Required information [The following information applies to the questions displayed below.] Roman Mfg.'s July production involved actual direct labor costs of $38,432 for 3,200 direct labor hours. The budget for the July level of production called for 3,300 direct labor hours at $12.00 per hour, using a standard cost system. Roman's labor rate variance for July is: Multiple Choice $1,168 favorable. $1,200 favorable. $1,168 unfavorable. $32 unfavorable. Roman's labor efficiency variance for July is: Multiple Choice $32 unfavorable. $1,168 unfavorable. O $1,168 favorable. $1,200 favorable. O