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Dibert Inc. has provided the following data concerning one of the products in its standard cost system. Inputs Standard Quantity or Hours per Unit of

Dibert Inc. has provided the following data concerning one of the products in its standard cost system.

Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate
Direct labor 0.70 hours $20.40 per hour

The company has reported the following actual results for the product for February:

Actual output 5,100 units
Actual direct labor-hours 3,380 hours
Actual direct labor cost $ 74,698

The labor rate variance for the month is closest to:

Multiple Choice

$6,069 U

$6,069 F

$5,746 U

$5,746 F

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