Xanadu Fixtures makes faucets in a small factory. The direct labor standards for one faucet are 9 minutes (.15 hours) of labor time at a labor rate of $13.00 per hour. During June the company produced 2,800 faucets and used 400 hours of labor time at an actual rate of $14.00 per hour. The labor cost variance for June was: 140U 140F 680U 540U 680F