Acme Inc. has the following information available: Actual price paid for material $1.00 $0.90 100 Standard price paid for material Actual quantity purchased and used in production Standard quantity for units produced Actual labor rates per hour 110 $15 Standard labor rates per hour $14 Actual hours 200 Standard hours for units produced 220 Compute the labor rate variance. O $200 Unfavorable $220 Favorable O $200 Favorable $220 Unfavorable