(Note) This question and the next (or previous) question are based on the same data! Steelwater Corporation produces steel water tanks. Each water tank has a standard labor requirement of 2 hours. The standard direct labor costs assigned to each tank is $30. During the most recent month, 500 water tanks were produced using 1.100 labor hours at the wage rate of $13 per hour. What is the direct labor rate variance? $2.200 E $18.7000 $1.500V $18.700 F