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What is the labor rate ($) variance for the month? The following labor standards have been established for a particular product:
| | Standard labor-hours per unit of output............. | 2.4 hours |
| | Standard labor rate............................................. | $15.45 per hour |
The following data pertain to operations concerning the product for the last month:
| | Actual hours worked............ | 5,400 hours |
| | Actual total labor cost.......... | $85,860 |
| | Actual output........................ | 2,200 units |
$2,430 F
$1,854 U
$1,854 F
$2,430 U
$4,190 U
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