What is the direct labor rate variance?a.$1,650 unfavorableb.$1,500 favorablec.$1,500 unfavorabled.$1,650 favorable

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The following data relate to direct labor costs for August

The following data relate to direct labor costs for August:Actual costs: 5,500 hours at $24.00 per hour.Standard costs: 5,000 hours at $23.70 per hour.What is the direct labor rate variance?a.$1,650 unfavorableb.$1,500 favorablec.$1,500 unfavorabled.$1,650 favorable