Buluck Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 3.5 grams $ 1.00 per gram Direct labor 0.7 hours $ 11.00 per hour Variable overhead 0.7 hours $ 2.00 per hour The company reported the following results concerning this product in July Actual output 3,000 units Raw materials used in production 11,370 grams Actual direct labor-hours 1.910 hours Purchases of raw materials 12,100 grams Actual price of raw materials purchased $ 1.20 per gram Actual direct labor rate $ 11.40 per hour Actual variable overhead rate $ 2.10 per hour The company applies variable overhead on the basis of direct labor hours. The direct materiais purchases variance is computed when the materials are purchased The materials quantity variance for July is: A) 5870 U B) $1.044 U C) $870 F D) $1.044 F Click Save and Submit to save and submit. Click Save All Answers to save all answers