Assume that a company manufactures specialty electronic circuitry through a unique photoelectronic process. One of the primary products, Model ZX40, has a standard labor time of 0.5 hour and a standard labor rate of $13.00 per hour. During February, the following activities pertaining to direct labor for ZX40 were recorded:

Direct labor hours used are 2,180 hours. Direct labor costs are $32,000. Units of ZX40 manufacturedare 4,600.

Determine the labor rate variance.