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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 hour

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?

a)$2,520 F

b)$336 U

c)$2,520 U

d)$336 F

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