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Assume the following: . The standard labor rate per hour is $16.90. The standard labor-hours allowed per unit of finished goods is 3 hours. The

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Assume the following: . The standard labor rate per hour is $16.90. The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 44.000 hours. The total actual direct labor cost for the period was $726,000. The company produced 15,000 units of finished goods during the period. What is the labor rate variance? 11 76 01:05:26 $15,600 V ook $15.600 F $17.600 U $17.600 F

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