A standard budget shows that to produce 5,000 units, 15,000 labor hours are expected at an expected rate of $10/hr. Over the period, 8,000 units were produced and $192,000 of labor costs were incurred. 16,000 labor hours were used. What was the labor rate variance (LRV) for the period? If favorable, enter as positive; if unfavorable, enter as negative. Numeric Response