1. EKPN Company produces wooden boxes. The companys standards per box require 6 boards, each costing $10 per board, and half of an hour of direct labour. The standard labour rate is $15 per hour. In August, EKPN purchased 12,000 boards for a total cost of $123,000. It used 11,500 boards to manufacture 1,900 boxes. Total labour hours were 1,000 hours, and total labour costs were $16,250. What was the labour quantity variance for August?

1. $750 F
2. $750 U
3. $13,500 F
4. $13,500 U