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Adam Inc.'s records for May include the following information: Actual payroll $40,000 Actual hours worked 3,200 Labor rate variance $8,000 (favorable) $4,800 (unfavorable) Labor time

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Adam Inc.'s records for May include the following information: Actual payroll $40,000 Actual hours worked 3,200 Labor rate variance $8,000 (favorable) $4,800 (unfavorable) Labor time variance What is Adam's standard labor cost for the units made? O $4,800 O $48,000 O $2,880 O $43,200

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