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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 45,000 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 45,000 Actual rate per hour $15.00 Standard rate per hour $14.50 Standard hours for units produced 47,000 $29,000 favorable. $29,000 unfavorable. $22,500 unfavorable. $52,500 favorable. $52,500 unfavorable.

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