Total Labor Variance Tico Inc, produces plastic bottles. Each bottle has a standard labor requirement of 0.02 hours. During the month of April, 550,000 bottles were produced using 15,000 labor hours $8.50. The standard wage rate is $7.50 per hour. Required: Calculate the total variance for production labor for the month of April. Enter amounts as positive numbers. If required, round your answer to the nearest cent. -34,000 X Unfavorable