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Data on Gantry Company's direct labor costs are given below. Standard direct-labor hours Actual direct-labor hours Direct-labor efficiency variance-favorable Direct-labor rate variance-favorable Total direct labor

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Data on Gantry Company's direct labor costs are given below. Standard direct-labor hours Actual direct-labor hours Direct-labor efficiency variance-favorable Direct-labor rate variance-favorable Total direct labor payroll 40,000 39,000 $ 3,400 $ 7,800 $124,800 -59 What was Gantry's standard direct labor rate? Multiple Choice 08780 $3.04 $3.40 Per

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