Question: I need help with this general accounting question using the proper accounting approach. The following information describes a company's direct labor usage for a recent

I need help with this general accounting question using the proper accounting approach.

The following information describes a company's direct labor usage for a recent production period: Actual direct labor hours used = 36,000 hours Actual rate per hour = $22 Standard rate per hour = $20 Standard hours for units produced = 34,000 hours How much is the direct labor price variance? a. $72,000 favorable b. $72,000 unfavorable c. $70,000 unfavorable d. $70,000 favorable

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