Use this information for Harry Company to answer the questions that follow. The following data are given for Harry Company: 26,000 units 27,500 units Budgeted production Actual production Materials: Standard price per ounce Standard Ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs $6,50 8 228.000 $1,504,800 $22.00 per hour 6.6 183,000 $4,020,000 $1,029,600 $24.50 per standard labor hour 54,520,000 Overhead is applied on standard labor hours. (Round interim computations to the nearest cent.) The direct labor time variance is $6,000 favorable $6,000 unfavorable $33,000 unfavorable $33,000 favorable