Puvo, Incorporsted, manufactures a single product in which variable manufacturing overhesd is assigned on the bssis of standard direct labor$-$hours. The company uses a

standard cost system and has established the following standards for one unit of product

During March, the following activity was recorded by the company:

The company produced $2,400$ units during the month.

A total of $19,400$ pounds of material were purchssed at a cost of $$13,580.$

There was no beginning inventory of materials on hand to start the month; at the end of the month, $3,620$ pounds of material remained in the warehouse.

During March, $1,090$ direct labor$-$hours were worked at o rate of $$30\mathrm{.}50$ per hour.

Verisble manufacturing overhesd costs during Merch totaled $$14,061.$

The direct materials purchoses variance is computed when the materials are purchosed.

The labor efficiency variance for March is:

Multiple Choice

$$3,040U$

$$3\mathrm{.}695U$

$$3\mathrm{.}695F$

$$3\mathrm{.}040F$