Moor Technologies manufactures boat anchors and uses a standard cost accounting system. Moor reports the following results for the month of July: Actual number of anchors produced 1,220 anchors Actual total direct labor hours 850 hours Actual total direct labor costs $14,875 Direct labor efficiency variance $695 unfavorable Spending variance for direct labor $410 favorable What is the standard direct labor rate per hour? $18.80 per hour O $18.10 per hour $17.75 per hour $16.20 per hour None of the above