The following labor standards have been established for a particular product: 7.5 hours $15.25 per hour Standard labor rate The following data pertain to operations concerning the product for the last month: Actual hours worked.. 9,600 hours Actual total labor cost.... $144,480 1,200 units 13) What is the labor rate variance for the month? 13) A) $1,920 F B) $1,920 U C) $240 F D) $240 U