The following labor standards have been established for Product : Description Standard labor hours per unit of output Standard labor rate Amount 16 hours $12.75 per hour The following data pertain to actual operations concerning Product F for the last month: Description Actual hours worked Actual total labor cost Actual output Amount 2,620 hours $27,510 180 units Select Your Answer Question What is the labor efficiency variance for the month? What is the labor rate variance for the month