Labor PlanningLabor InformationRegular Rate $$15\mathrm{.}00/$hrOvertime Rate $$24\mathrm{.}50/$hrTargeted Labor Cost $$12,000/$wkLabor Hours Needed $800/$wkAny hour worked over $40$ hrs$/$wk must be paid overtime rate$$15$ over target$$300$ over target$$740$ over target$$2,660$ over target$$7,600$ over targetFor a $13-$person team, how does the actual weekly labor cost compare to the target?