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The following data relate to the direct labor costs of Alex Company for February: Actual costs 7,700 hours @ $14.00 Standard costs 7,000 hours @
The following data relate to the direct labor costs of Alex Company for February:
| Actual costs | 7,700 hours @ $14.00 |
| Standard costs | 7,000 hours @ $16.00 |
What is the direct labor rate variance?
a. $15,400 favorable
b. $15,400 unfavorable
c. $14,000 favorable
d. $14,000 unfavorable
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