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Ridgid Octane Tools had the following information: Amount ($) 49,000 (F) Variance Static-budget labor variance Labor efficiency variance Volume variance Flexible-budget labor variance 32,000 (F)

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Ridgid Octane Tools had the following information: Amount ($) 49,000 (F) Variance Static-budget labor variance Labor efficiency variance Volume variance Flexible-budget labor variance 32,000 (F) 74,000 (F) 25,000 (U) If the materials price variance is $13,000 unfavorable, what is the direct labor rate variance? $42,000 favorable $12,000 unfavorable $57,000 unfavorable $38,000 unfavorable

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