Exercise $8-15$A $($Algo$)$ Determining the standard labor price LO $8-6$

Rooney Car Wash, Incorporated expected to wash $1,000$ cars during the month of August. Washing each car was expected to require $0\mathrm{.}2$ hour of labor. The company actually used $207$ hours of labor to wash $900$ cars. The labor usage variance was $$513$ unfavorable.

Required

a$.$ Determine the standard labor price.

b$.$ If the actual labor rate is $$14,$ calculate the labor price variance and indicate whether it would be favorable $($F$)$ or unfavorable $($U$).$ Note: Select "None" if there is no effect $($i$.$e$.,$ zero variance$).$

a$.$ Standard labor price