The following labor standards have been established for a particular product: Standard labor-hours per unit of output....... Standard labor rate.......... 17 hours $14.05 per hour The following data pertain to operations concerning the product for the last month: Actual hours: Worked..... Actual total labor cost....... Aetuel output .... .... 8,700 hours $50, 690 -2,800 units What is the labor rate variance for the month? A. $1,295 F B. $2,877 F C. $4,246 F D. $4,246U