Cost standards for one unit of product no. C77: Direct material Direct labor Actual results: Units produced Direct material purchased 26,600 pounds at $2.70 Direct material used Direct labor 3 pounds at $2.50 per poun 7.50 5 hours at $7.50 per hour 8,100 units 24,000 pounds at $2.70 37.50 $ 71,820 64,800 300,030 41,100 hours at $7.30 Assume that the company computes variances at the earliest point in time. The direct-labor rate variance is: Multiple Choice $7,794F $7,794F. $8,220F. $8,220U. None of the answers is correct