The following information describes a company's usage of direct labor in a recent period: 7) Actual direct labor hours used 33,000 Actual rate per hour $23.00 Standard rate per hour $17.75 Standard hours for units produced 29,500 How much is the direct labor efficiency variance? A) $80,500 favorable B) $80,500 unfavorable C) $62,125 favorable D) $62,125 unfavorable