Classic Music manufactures harmonicas. Classic uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and only partial data for July exist. Classic knows that the total direct labor variance for the month was $340 F and that the standard labor rate was $8 per hour. A recent pay cut caused a favorable labor rate variance of $0.60 per hour. The standard direct labor hours for actual July outputs were 5,500. Read the requirements.