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Consider the following table: Actual Direct Materials Direct Labor Standard 6 lbs @ $8 per lb 2 hrs @ $16 per 15,700 hrs @ $16.50

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Consider the following table: Actual Direct Materials Direct Labor Standard 6 lbs @ $8 per lb 2 hrs @ $16 per 15,700 hrs @ $16.50 per hour Overhead $198,000 total 2 hrs @ $12 per hour Units manufactured 8,000 The Direct Labor Rate Variance is Select one: a. $7,850 V b. $8,800 F c. $8,800 U d. $7,850 F

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