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The Hanson Corporation employs a standard costing system. The following data are available for February: Actual direct labor-hours worked 6,500 hours Standard direct labor rate

The Hanson Corporation employs a standard costing system. The following data are available for February:

Actual direct labor-hours worked 6,500 hours
Standard direct labor rate $8 per hour
Labor rate variance $2,600 favorable

The actual direct labor rate for February is:

a. $7.60 per hour

b. $8.40 per hour

c. $8.00 per hour

d. $2.50 per hour

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