For the stamping department of a manufacturing firm, the standard cost for direct labor is $15 per hour, and the production standard calls for 1,500 stampings per hour. During February, 159 hours were required for actual production of 214,500 stampings. Actual direct labor cost for the stamping department for June was $2,544.

Required:

a. Complete the following performance report for February: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)

Direct labor Flexed budget $ Actual ? Variance $ (unfavorable/favorable)