The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used Actual rate per hour Standard rate per hour Standard hours for units produced 30,000 $20.00 $11.50 26,500 How much is the direct labor efficiency variance? OA. $70,000 favorable OB. $40,250 favorable OC. $40,250 unfavorable OD. $70,000 unfavorable