32) Milar Corporation makes a product with the following standard costs: 32) Standard Quantity or Hours Standard Price or Rate 11.0 poundsS 10.50 per pound s 34.00 per hour s 16.00 per hour Direct materials Direct labor 0.8 hours Variable overhead 0.8 hours In January the company produced 3450 units using 13,800 pounds of the direct material and 2880 direct labor-hours. During the month, the company purchased 14,560 pounds of the direct material at a cost of $35,100. The actual direct labor cost was $97,506 and the actual variable overhead cost was $44,188. The labor rate variance for January is: A) $414 U D) S414 F C)$3666 U B) S3666 F