The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate 8.9 hours $12.70 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost Actual output 6,700 hours $82,410 1,000 units What is the labor efficiency variance for the month? Multiple Choice O $27,940 F $30,620 U 0 $27.060 F