37) Bulluck Corporation makes a product with the following standard costs: Standard Quantity or HourStandard Price or Rate Direct materials Direct labor Variable overhead 3.5 grams 0.7 hours 0.7 hours $ s $ 1.00 per gram 11.00per hour 2.00 per hour The company reported the following results concerning this product in July. Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials 3,000units 11,370grams 1,910hours 12,100grams