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Use the following data to find the total direct labor variance if the company produced 3,500 units during the period. Direct labor standard (4.00 hours

Use the following data to find the total direct labor variance if the company produced 3,500 units during the period.

Direct labor standard (4.00 hours @ $6.95/hour) $ 27.80 per unit
Actual hours worked 12,100
Actual rate per hour $ 7.40

Multiple Choice

$7,760 favorable.

$7,760 unfavorable.

$6,300 unfavorable.

$12,100 favorable.

$6,300 favorable.

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