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Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hours

Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hours @ $7.10/hour) Actual hours worked Actual rate per hour. $ 28.40 per unit 12,550 $ 7.60 Multiple Choice $6,275 unfavorable. $7,000 unfavorable. $7,000 favorable. $10,295 favorable. $6,275 favorable

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