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The following labor standards have been established for a particular product: Standard labor-hours per unit of output 8.4 hours Standard labor rate $ 15.70 per

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

Standard labor-hours per unit of output 8.4 hours
Standard labor rate $ 15.70 per hour

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

Actual hours worked 10,500 hours
Actual total labor cost $ 162,330
Actual output 1,400 units

What is the labor rate variance for the month?

$336 F

$2,520 F

$2,520 U

$336 U

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