The following data relate to direct labor costs for the current period: Standard costs 7,500 hours at $11.60 Actual costs 6,000 hours at $12.00 What is the direct labor efficiency (time) variance? Multiple Choice O $3,600 unfavorable O $17.400 favorable $17.400 unfavorable The following data relate to direct labor costs for the current period: Standard costs 7,500 hours at $11.60 Actual costs 6,000 hours at $12.00 What is the direct labor efficiency (time) variance? Multiple Choice $3,600 unfavorable O $17.400 favorable $17.400 unfavorable