Dem Mfg. has gathered the following data in preparing to record their direct labour payroll costs for the week:

Actual hours worked 18,500

Standard hours allowed 20,000

Direct labour flexible budget variance $8,300F

Direct labour price variance $3,700U

The standard direct labour price was:

a). $8.00

b). $8.20

c). $3.07

d). $3.05

e). None of the above