Borden Enterprises Uses Standard Costing $\bullet$ Standard Direct Labor Rate: $10 Per Hour

Multiple Choice

Borden Enterprises uses standard costing.For the month of April,the company reported the following data:
$\bullet$ Standard direct labor rate: $10 per hour
$\bullet$ Standard hours allowed for actual production: 8,000 hours
$\bullet$ Actual direct labor rate: $9.50 per hour
$\bullet$ Labor efficiency variance: $4,800 Favorable
The labor rate variance for April is:

A) $3,760 U
B) $3,760 F
C) $2,850 F
D) $2,850 U