#24

Baker Company's standard labor cost of producing one unit of Product DD is3 hours at the rate of $10.00 per hour. During August, 30,500 hours of labor are incurredat a cost of $10.10 per hour to produce 10,000 units of Product DD. Calculate the DL Price (Rate) Variance. Please indicate if the variance if Favorable or Unfavorable by using an "F" or a "U" Do not enter "$" or commas in your answer. For examples the answer is $1000 Favorable please enter 1000E