Bright manufactures specialty electronic circuitry through a unique photo-electronic process. One of the primary products, Model Y, has a standard labor time of 0.5 hour and a standard labor rate of $10 per hour. During April, the following activities pertaining to direct labor for Y were recorded: direct labor hours used, 3,000; direct labor cost $27,000; units of Y manufactured, 5,000. The Labor rate variance and Labor efficiency variance are: Select one: O a labor rate variance 53.000 F, Labor efficiency variance 55,000 U O Labor sate variance $1,000 Flabor efficiency variance $3.500 F Laborrate variance 52,000 F Labor efficiency variance 53,500 U Od laborate variance $2.000 F. Labor efficiency variance $1.000 F