The Flapjack Corporation had 7,744 actual direct labor hours at an actual rate of $12.00 per hour. Original production had been budgeted for 1,100 units, but only 968 units were actually produced. Labor standards were 7.1 hours per completed unit at a standard rate of $13.00 per hour.

Round your answer to the nearest cent.

The labor time variance is

$7,744.00 unfavorable

$7,744.00 favorable

$11,325.60 unfavorable

$11,325.60 favorable