Assume the following about Sanford Incorporated: - The standard labor rate per hour is $17.90. - The standard labor-hours allowed per unit of finished goods is 3 hours. - The actual quantity of labor hours worked during the period was 47,500 hours. - The labor rate variance is $25,500F. - The company produced 16,800 units of finished goods during the period. The actual direct labor wage rate per hour at Sanford Incorporated is closest to: $46.88 $17.36 $8.68 $18.23