Assume the following: The standard labor rate per hour is $16.95. 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? Multiple Choice $17,800 U $17,800 F $19,800 U $19,900 F