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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 hrs.

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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 hrs. @ $7.00/hr.) Actual hours worked Actual rate per hour $ 28.00 per unit 12,750 $ 7.50 Multiple Choice $7,000 unfavorable. $7,000 favorable. $8,750 favorable $6,375 unfavorable. $6,375 favorable

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