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

Standard labor$-$hours per unit of output $7\mathrm{.}7$ hours

Standard labor rate $ $15\mathrm{.}35$ per hour

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

Actual hours worked $9,800$ hours

Actual total labor cost $ $148,960$

Actual output $1,100$ units

What is the labor rate variance for the month?

Multiple Choice

$$165$ F

$$1,470$ F

$$1,470$ U

$$165$ U