The Flapjack Corporation had 7,704 actual direct labor hours at an actual rate of $12.31 per hour, Original production had been budgeted for 1,100 units, but only 963 units were actually produced. Labor standards were 7.3 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 O$3,358.94 unfavorable O$3,358.94 favorable Os8,594.78 unfavorable O$8,594.78 favorable