Whitman Incorporated has a direct labor standard of 2 hours per unit of output, and a standard wage rate of $27.50 per hour. During July, Whitman paid $190,300 to employees for 8,950 hours worked, and 4,740 units were produced during that time. What is the direct labor efficiency variance? Multiple Choice O O $55,825 favorable $70,400 favorable $55,825 unfavorable $14,575 favorable

Whitman Incorporated has a direct labor standard of 2 hours per unit of output, and a standard wage rate of $27.50 per hour. During July, Whitman paid $190,300 to employees for 8,950 hours worked, and 4,740 units were produced during that time. What is the direct labor efficiency variance? Multiple Choice $55,825 favorable $70,400 favorable $55,825 unfavorable $14,575 favorable