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The Thomas Company developed the following standards for the manufacture of its product: Each unit should have 3 pounds of direct materials purchased at $12

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The Thomas Company developed the following standards for the manufacture of its product: Each unit should have 3 pounds of direct materials purchased at $12 per pound. Each unit should be produced in 4 hours at a direct labor cost of $22 per hour. Actual production was 3,200 units using 8,400 pounds of direct materials at a total cost of $103,400 and required 12,000 direct labor hours at a total cost of $266,000. What was the total direct labor variance for the company? Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance

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