Standard Faucets uses standard costing and recorded the following data for the month of August:

Standard direct labor rate $22.50 per hour

Standard hours allowed for actual production 20,000 hours

Actual direct labor rate $22.75 per hour

Labor efficiency variance $18,000 favorable

How much is the labor rate variance for August?

	a)	$4,750 unfavorable
	b)	$5,200 unfavorable
	c)	$4,700 unfavorable
	d)	$5,700 unfavorable
	e)	$4,800 unfavorable