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Concord Products embosses notebooks with school and corporate logos. Last year, the company's direct labor payroll totaled $ 340,395 for 49,190 direct labor hours. The

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Concord Products embosses notebooks with school and corporate logos. Last year, the company's direct labor payroll totaled $ 340,395 for 49,190 direct labor hours. The standard wage rate is $ 7.00 per direct labor hour. Calculate Concord's direct labor rate variance. (Round answer to 0 decimal places, e.g. 125. If variance is zero, select "Not Applicable and enter for the amounts.) Direct labor rate variance

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