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The following information describes a company's usage of direct labor in a recent period. The direct labor rate variance is: Actual hours used Actual

The following information describes a company's usage of direct labor in a recent period. The direct labor rate variance is: Actual hours used Actual rate per hour Standard rate per hour Standard hours for units produced 45,000 $ 15.00 $14.50 47,000 Multiple Choice $29,000 favorable. $29,000 unfavorable. $22,500 unfavorable. $52,500 favorable. $52,500 unfavorable. 45

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