The Flapjack Corporation had 7,600 actual direct labor hours at an actual rate of $12.04 per hour. Original production had been budgeted for 1,100 units, but only 950 units were actually produced. Labor standards were 7.1 hours per completed unit at a standard rate of $12.75 per hour. Round your answer to the nearest cent. The labor time variance is 5,396.00 unfavorable 5,396.00 favorable 10,901.25 unfavorable 10,901.25 favorable