Ribcos labor cost information for making its only product for March is as follows:

Calculate the direct labor rate variance, the direct labor time variance, and the total direct labor variance.

options:

	Direct labor rate variance: $46,000 F Direct labor time variance: $40,000 U Total direct labor variance: $6,000 F
	Direct labor rate variance: $46,000 F Direct labor time variance: $40,000 F Total direct labor variance: $86,000 F
	Direct labor rate variance: $46,000 U Direct labor time variance: $40,000 F Total direct labor variance: $6,000 U
	Direct labor rate variance: $46,000 U Direct labor time variance: $40,000 U Total direct labor variance: $86,000 U

Standard hours per unit Budgeted units for the period Finished units for the period Standard rate per hour Actual labor costs incurred Actual rate paid per hour 1.25 12,000 10,000 $ 40 $414,000 $ 36