Wolery Inc. has provided the following data concerning one of the products in its standard cost system Standard Quantity or puts Direct labor Hours per Unit of Output Standard Price or Rate 0.20 hours $21.70 per hour The company has reported the following actual results for the product for April: Actual output Actual direct labor-hours Actual direct labor rate 8,800 units 1,610 hours $23.30 per hour The labor rate varlance for the month is closest to Multiple Choice $2,576 F G Search or type URL 3 4 5 6 0