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Wolery Incorporated has provided the following data concerning one of the products in its standard...

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Accounting

Wolery Incorporated has provided the following data concerning one of the products in its standard cost system.

Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate
Direct labor 0.20 hours $ 21.70 per hour

The company has reported the following actual results for the product for April:

Actual output 8,800 units
Actual direct labor-hours 1,610 hours
Actual direct labor rate $ 23.30 per hour

The labor rate variance for the month is closest to:

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