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Advanced Micro Devices develops computing products. Assume one of its processors, Ryzen 9 , has a standard labor time of 0.20 hour and a standard

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Advanced Micro Devices develops computing products. Assume one of its processors, Ryzen 9 , has a standard labor time of 0.20 hour and a standard labor rate of $20 per hour. During July, the following activities pertaining to direct labor for Ryzen 9 were recorded: I Calculate the direct labor rate variance. Note: If the variance is Unfavorable, type a minus sign -" in front of your answer. For example: if variance is $1,000 Unfavorable, type "-1,000" (no spaces). Do not include any decimal places; do not include the \$ sign

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