The following information summarizes the standard cost for producing one metal tennis racket frame at Spaulding Industries. In addition, the variances for one month's production are given. Assume that all inventory accounts have zero balances at the beginning of the month.

 

	Standard Cost Per Unit				Standard Monthly Costs
Materials	$	4.00			$	9,500
Direct Labor 2 hrs. @ $3.00		6.00				14,400
Factory Overhead:
Variable		1.60				3,840
Fixed		5.50				13,200
	$	17.10			$	40,940

 

Variances:
Material price	318.50		unfavorable
Material quantity	300.00		unfavorable
Labor rate	720.00		favorable
Labor efficiency	3,120.00		unfavorable

 

What were the actual direct labor hours worked during the month?

5,840.

5,600.

4,800.

4,560.