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The following information describes a company's usage of direct labor in a recent period. The direct labor efficiency 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 efficiency 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 unfavorable.

$29,000 favorable.

$22,500 unfavorable.

$52,500 favorable.

$52,500 unfavorable.

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