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Rick & Morty's manufactures a product with the following unit standards related to direct labor: Standard hours 5 labor-hours per unit Standard rate $12 per

Rick & Morty's manufactures a product with the following unit standards related to direct labor:

Standard hours 5 labor-hours per unit
Standard rate $12 per labor-hour

Partial production data for the most recent month are shown below:

Budget Actual
Production (units) 850 960
Direct labor hours 4,250 ?

An analysis of results for the month included the following variances:

Direct labor rate variance $3,672 Favorable
Direct labor efficiency variance $5,760 Favorable

What was the actual rate paid per labor-hour? (Choose the closest answer.)

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