Reichs Company the Following Information Is for Reichs Company's September

Multiple Choice

Reichs Company The following information is for Reichs Company's September production:
$\begin{array}{ll}\textbf { Standard: }\\\text { Material } & 4.0 \text { feet per unit } @ \$ 3.75 \text { per foot } \\\text { Labor } & 3.0 \text { hours per unit } @ \$ 8.25 \text { per hour }\end{array}$

$\begin{array}{ll}\textbf { Actual: }\\\text { Production } & 3,500 \text { units produced during the month } \\\text { Material } & 14,200 \text { feet used; } 14,700 \text { feet purchased @ } \$ 3.70\text { per foot } \\\text { Labor } & 10,400 \text { direct labor hours } \$ 8.35\text { per hour }\end{array}$ (Round all answers to the nearest dollar.)
Refer to Reichs Company.What is the labor rate variance?

A) $1,040 U
B) $1,040 F
C) $1,420 U
D) $1,420 F