The next six questions are based on the following information. Carol's Cookies expected to use 0.20 direct labor hours to produce 1 unit (batch) of product at a cost of $12 per hour. Actual results are in for last year, which indicates 390,000 batches of cookies were sold. The company's direct labor workforce worked 97,500 hours at $11 per hour. What is the total dollar amount of the standard labor cost? What is the total dollar amount of the actual labor cost? What is the dollar amount of the labor rate variance? The labor rate variance is Favorable or Unfavorable? What is the dollar amount of the labor efficiency variance? The labor efficiency variance is Favorable or Unfavorable? The company has a higher mix of newly hired and unskilled workers causing hourly rates to be lower than anticipated. This is likely to result in an unfavorable labor rate variance. T/F The company has a higher mix of newly hired and unskilled workers causing hourly rates to be lower than anticipated. This is likely to result in an unfavorable labor efficiency variance. T/F Old equipment breaking down caused workers to waste time waiting for repairs. this is likely to result in an unfavorable labor efficiency variance. T/F