Epley Corporation makes a product with the following standard costs: In July the company produced 4,800 units using 10.170 pounds of the direct material and 2.150 direct labor hours. During the month, the company purchased 10.740 pounds of the direct material at a cost of $76,620. The actual direct labor cost was $38,251 and the actual variable overhead cost was $11.952. The company applies variable overhead on the basis of direct labor-hours. The direct purchases variance is computed when the are $1,300 U $1.440 F $3.990 U $1.300 F