7. The following labor standards have been established for a particular product: Standard labor-hours per unit of output.... Standard labor rate..... 5.0 hours RM18.25 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked. 9,800 hours Actual total labor cost......... RM176,400 + Actual output. 1,900 units + What is the labor efficiency variance for the month? A) RM3,025 U B) RM5,400 U C) RM3,025 F D) RM5,475 U