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The Perfect Tool Company (South America Division) produced 80,000 saw blades during the year. It took 1,5 hours of labor per blade at a

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The Perfect Tool Company (South America Division) produced 80,000 saw blades during the year. It took 1,5 hours of labor per blade at a rate of $8.50 per hour. However, its standard labor rate is $8.00. Its labor efficiency variance was an unfavorable $40,000. What is Perfect's labor rate variance? $57,500 U $57,500 F $60,000 U $60,000 F

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