makes and sells a single product. Last period the company's labor rate variance was $14,400 Favorable. During the period, rate for the product in dollars per hour is: H00 Favorable. During the period, the company worked 36,000 actual direct labor-hours at an actual cost of $338,400. Question 16 of 35 MacBook Air ga DO FO FSO F11 12 F6 F7 FB ) * 00 ( 9 & 7 + 11 delete O { w O P - [ K J L return ? shi N M - Single product. Last period the company's labor rat The standard labor rate for the product in dollars per hour is: $9.80 a. b. $9.00 $8.50 c. d. $9.40