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The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
Use the following information to answer Questions below. The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:    -Determine the labor rate variance. A)  $347 U B)  $347 F C)  $350 U D)  $350 F E)  None of the above
-Determine the labor rate variance.


A) $347 U
B) $347 F
C) $350 U
D) $350 F
E) None of the above

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