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Bailey's standard labor cost of producing one unit of Product DD is 1.5 hours at...

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Bailey's standard labor cost of producing one unit of Product DD is 1.5 hours at a rate of $10.5 per hour. During August, 2,677 hours were incurred at a cost of $12.5 per hour to produce 1,366 units of Product DD. Bailey's direct labor efficiency variance is $ Indicate the amount and whether it is Favorable or Unfavorable by placing For U by amount, do not skip a space and do not use $ in your answer. For example, if your answer is $1,000 favorable, answer 1000F

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