Question: Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs.

Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $6.95/hr.) $ 27.80 per unit Actual hours worked 12,400 Actual rate per hour $ 7.50 Multiple Choice

$6,820 favorable.

$6,820 unfavorable.

$11,120 favorable.

$7,700 favorable.

$7,700 unfavorable.

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