CANS Hooligan Corporation makes a product with the following standard costs QUE Standard Price Rate Director 3.3 points The company red 5.200 urts in January 30.110 of direct material and 2.3 direct labor hours. During the month, the company purchased 44,400 g of the direct material at $1.70 per gram Teach decorate was 9.30 per hour and the chal wahadewa 18.50 per hour The company is ved on the basis of director on the direct me wance is computed when the materials are purchased The main Parys 13.20 $13.00 199.2007 12.2004 Direct materials Direct labor Variable overhead Standard Quantity or Hours 6.4 grams 0.3 hours 0.3 hours Standard Price or Rate $ 2.20 per gram $17.00 per hour $ 8.00 per hour The company produced 5,200 units in January using 39,310 grams of direct material and 2,380 direct labor-hours. During the month, the compa direct labor rate was $19.30 per hour and the actual variable overhead rate was $6.80 per hour The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materia The materials price variance (MPV) for January is: $13,320 U a. b. $13,320 F $22,200 F $22,200 U d. rs. During the month, the company purchased 44,400 grams of the direct material at $1.70 per gram. The actual zance is computed when the materials are purchased