TB MC Qu. 10-176 The following labor standards have been ...

The following labor standards have been established for a particular product:

Standard labor-hours per unit of output		8.0	hours
Standard labor rate	$	15.50	per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked		10,100	hours
Actual total labor cost	$	154,025
Actual output		1,200	units

What is the labor rate variance for the month?

Multiple Choice

• $300 F

• $2,525 F

• $2,525 U

• $300 U