Fastnet systems is a start-up company that makes connectors for
high-speed internet connections. Fastnet Systems has budgeted three
hours of direct labor per connector, at a standard cost of $14 per
hour. During August, technicians actually worked 205 hours
completing 76 connectors. All 76 connectors actually produced were
sold. Fastnet paid the technicians $14.80 per hour. What is
FastNet’s direct labor cost variance for August?