1.

The following labor standards have been established for a particular product:

Standard labor-hours per unit of output	7.6	hours
Standard labor rate	$15.30	per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked	9,700	hours
Actual total labor cost	$145,500
Actual output	1,000	units

What is the labor rate variance for the month?

$2,910 F

$2,910 U

$300 U

$300 F