The Flapjack Corporation had 7,880 actual direct labor hours at an actual rate of $12.29 per hour. Original production had been budgeted for 1,100 units, but only 985 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 $3,640.56 unfavorable $3,640.56 favorable $11,302.88 unfavorable $11,302.88 favorable