Minmax Co.'s direct labor information for February is as follows:

Direct labor hours worked (AQ)		36,600
Standard direct labor hours for units manufactured (SQ)		38,500
Unfavorable direct labor rate variance	$	18,300
Total payroll for direct labor	$	530,700

The standard direct labor rate per hour (SP) (to two decimal places) for February was:

Multiple Choice

• $13.78.

• $14.00.

• $14.26.

• $14.50.

• $15.00.