Homework 7 Several 7 Assume the following: The standard labor rate per hour is $17.00 The standard labor-hours allowed per unit of finished goods is 3 hours The actual quantity of labor hours worked during the period was 44,000 hours The labor rate variance is $10,000 , The company produced 15,000 units of finished goods during the period. The actual direct labor wage rate per hour is closest to 10 point A Multiple Choice $16.77 $16.52 $16.27 $16.02