The Flapjack Corporation had 7,880 actual direct labor hours at an actual rate of $12.01 per hour. Original production had been budgeted for 1,100 units, but only 985 units were actually produced. Labor standards were 7.0 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 $7,793.32 unfavorable O $7,793.32 favorable O $12,805.00 unfavorable O $12,805.00 favorable