Question: Help! Condor produced 27,500 units during October, using 32,000 direct labor hours. They expected to use 31,550 hours per the standard cost sheet. Condor's employees

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Condor produced 27,500 units during October, using 32,000 direct labor hours. They expected to use 31,550 hours per the standard cost sheet. Condor's employees were paid $16.75 per hour for the month of October. The standard cost sheet uses $17.50 as the standard hourly rate. What was the total labor variance for the month of October? O $16,125 unfavorable O $7,537.50 unfavorable O $24,000 favorable $7,537.50 favorable O $16,125 favorable $7,875 unfavorable O $7,875 favorable $24,000 unfavorable

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