Bandit Manufacturing The following Sept information is available for Bandit Manufacturing Company when it produced 5,250 units: Standard: Material Iakm 2.1 pounds per unit $5.75 per pound 1.8 direct labor hours per unit $12.50 per hour Actual: Material at 12,075pounds purchased and used @ $5.65 per pound 8,925 direct labor hours at $13 per hour Refer to Bandit Manufacturing. What is the labor rate variance? a, $3,094 u O b $3,094 F O c. $4,463 U O d. $4,463 F