The Flapjack Corporation had 7,784 actual direct labor hours at an actual rate of $12.07 per hour. Original production had been budgeted for 1,100 units, but only 973 units were actually produced. Labor standards were 7.0 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

$5,285.34 unfavorable

$5,285.34 favorable

$12,405.75 unfavorable

$12,405.75 favorable