The following labour standards have been established for a particular product:Standard labour hours per unit of output$1\mathrm{.}1$ hoursStandard labour rate$$14\mathrm{.}90$ per hourThe following data pertain to operations concerning the product for the last month:Actual hours worked$3,700$ hoursActual total labour cost$$53,320$Actual output$2,700$ unitsWhat was the labour rate variance for the month?