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3. The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate. 1.7 hours $14.05 per

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3. The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate. 1.7 hours $14.05 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 3,700 hours Actual output 2,300 units What is the labor rate variance for the month? A. $1,295 F B. $2,877 F C. $4,246 F D. $4,246 U

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