Question: SB ( Static ) Mom's Apple Pie Company uses a standard . . . Skip to question [ The following information applies to the questions

SB (Static) Mom's Apple Pie Company uses a standard ...
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Moms Apple Pie Company uses a standard cost system. The standard direct labor time for each pie is 10 minutes. During the most recent month, the company produced and sold 6,000 pies. The standard direct labor rate is $8 per hour; the actual labor rate per hour for the month was $8.40. The company used a total of 980 labor hours.
Brief Exercise 14-22(Static) Direct labor rate variance... [LO 14-3]
What was the direct labor rate variance for the month? Was this variance favorable (F) or unfavorable (U)?(Do not round intermediate calculations.)

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