Kennedy Manufacturing produces a single product. The standard cost card for the product follows: During a recent period the company produced 1,200 units of product. Various costs associated with the production of these units are given below: The company records all variances at the earliest possible point in time. Variable manufacturing overhead costs are applied to products on the basis of standard direct labor-hours. The labor rate variance for the period is:

Select one:

a. $3,150 U

b. $2,700 F

c. $2,700 U

d. $3,150 F

Kennedy Manufacturing produces a single product. The standard cost card for the product follows: The company records all variances at the earliest possible point in time. Variable manufacturing overhead costs are applied to products on the basis of standard direct labor-hours.The labor rate variance for the period is: Select one: a. $3,150 U b. $2,700 F c. $2,700 U d. $3,150 FDuring a recent period the company produced 1,200 units of product. Various costs associated with the production of these units are given below