Assume the following: . The standard labor rate per hour is $17.00. 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 labor rate variance is $11,000 F. The company produced 15,000 units of finished goods during the period. The actual direct labor wage rate per hour is closest to: Multiple Choice $16.75 $16.50 Multiple Choice O $16.75. $16.50. () $16.25 $16.00