Thornton Car Wash, Incorporated expected to wash $1,000$ cars during the month of August. Washing each car was expected to require

$0\mathrm{.}3$ hour of labor. The company actually used $316$ hours of labor to wash $980$ cars. The labor usage variance was $$374$ unfavorable.

Required

a$.$ Determine the standard labor price.

b$.$ If the actual labor rate is $$12,$ calculate the labor price variance and indicate whether it would be favorable $($F$)$ or unfavorable $($U$).$

Note: Select "None" if there is no effect $($i$.$e$.,$ zero variance$).$

Answer is complete but not entirely correct.