XXX Company Actual Hours of Input at Actual Rate (AH x AR) Actual Hours of Input at Standard Rate Standard Hours of Input at Standard Rate AH x SR) (SH x SR) - (2,200 hours x $1.90) - (2,200 hours $2.00) - (2,000 hours $2.00) Knowledge Check 01 What is the labor rate variance? O $180 F O$220 F O $220 U O $400 U