The following labor standards have been established for a particular product:

$\backslash$table$[[\backslash$table$[[$Standard labor$-$hours per unit of$],[$output$]],7\mathrm{.}8,$hours$],[$Standard labor rate,$$15\mathrm{.}40,$per hour$]]$

The following data pertain to operations concerning the product for the last month:

$\backslash$table$[[$Actual hours worked,$9,900,$hours$],[$Actual total labor cost,$$149,985,],[$Actual output,$1,100,$units$]]$

What is the labor rate variance for the month?