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99 Assume the following: - The standard labor rate per hour is $1750. - The standard labor-hours allowed per unit of finished goods is 3

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Assume the following: - The standard labor rate per hour is $1750. - The standard labor-hours allowed per unit of finished goods is 3 hours. - The actual quantity of labor hours worked during the period was 44.000 hours. - The total actual direct labor cost for the period was $726,000. - The company produced 15,000 units of finished goods during the period. What is the labor rate variance? Mutiple Choice $42,000U 342,000F 544,000U $44,000F

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