The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate 9.8 hours $ 13.60 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 7,600 hours Actual total labor cost $ 100,320 950 units Actual output What is the labor efficiency variance for the month? Multiple Choice $26,296 F $26,296 U $22,572 F $23,256 F