The Ticktock Corporation produces clocks. According to company standards, it should take 2 hours of direct labor to produce a clock Ticktock's standard labor cost is $11.00 per hour, During June, Ticktock produced 5.800 stopwatches and used 13,300 hours of direct laborat a total cost of $266.000. What Is Ticktock's direct labor rate variance for June? $119.700 untworable $1.700 untsvorable 51.700 favorable $119.700 Favorable