Sheldon Company manufactures only one product and uses a standard cost system. During the past month, manufacturing operations for the company had the following variances: direct labor rate variance $30,000 Favorable; direct labor efficiency variance $50,000 unfavorable. Sheldon allows 5 standard direct labor hours per unit produced, and its standard direct labor hourly pay rate is $50. During the month, the company used 25% more direct labor hours than the standard allowed. How many units of the product were produced during the past month? O 800. O 1,000. O 1,200. O 1,500, O 2000. Moving to another question will save this response. Question 24 of 38 > >>> Close Window