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

Standard labor-hours per unit of output	8.3	hours
Standard labor rate	$15.65	per hour

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

Actual hours worked	10,400	hours
Actual total labor cost	$160,160
Actual output	1,200	units

What is the labor rate variance for the month?

$2,600 F

$300 U

$2,600 U

$300 F