The following details were extracted from the standard cost card of a component: Raw materials: 2.25Kgs@$4 per Kg Direct labour: 5 hrs @ \$6per hour During the period, actual results were as follows: Production- 2,000 components. Direct material purchase and usage 4,000Kgs at a cost of $15,000. Wage Paid: (10,100hrs)$60,000 What is the Labour Rate Variance? Select one: A. 404 (Adverse) B. 5,000 (Adverse) C. 5,454 (Adverse) D. 606 (Favourable)