OMalley's standard labor cost of producing one unit of Product AB is 1.5 hours at a rate of $12.6 per hour. During August, 1418 hours were incurred at a cost of $11.4 per hour to produce 1368 units of Product AB. OMalley's direct labor rate variance is $ Indicate the amount and whether it is Favorable or Unfavorable by placing F or U by amount, do not skip a space and do not use $ in your answer. For example, if your answer is $1,000 favorable, answer 1000F