TB MC Qu. 10-79 Solly Corporation produces a product for... Solly Corporation produces a product for national distribution Standards for the product are: Materials: 12 ounces per unit at 60t per ounce Labor: 2 hours per unit at $8 per hour During the month of December, the company produced 1,000 units. Information for the month follows Materials: 14,000 ounces purchased and used at a total cost of S7700 .Labor: 2,500 hours worked at a total cost of $20,625. The labor rate variance is Multiple Choice $625 u $500 F 500 U $625 F