Emporium Company uses standard costing and recorded the following data for the month of August: Standard direct labor rate $10.00 per hour Standard hours allowed for actual production 20,000 Actual direct labor rate $10.50 per hour Labor efficiency variance $5,000 favorable The labor rate variance for August is: Answer a. $9,750 favorable. b. $10,000 unfavorable. c. $9,750 unfavorable. d. $10,000 favorable