Help Save & Exi Miguez Corporation makes a product with the following standard costs Standard Quantity or Standard Price or Standa Cost Per Rate Unit 2.3 liters $7.00 per liter 16.10 0.7 hours 22.00 per hour $15.40 Variable overhead 7 hours2.00 per hour1.40 Direct materials Direct labor The company budgeted for production of 2,600 units in September, but actual production was 2.500 units. The company used 5.440 liters of direct material and 1680 direct labor-hours to produce this output. The company purchased 5,800 iters of the direct material at $7.20 per liter. The actual direct labor rate was $24.10 per hour and the actual variable overhead rate was $1.90 per hour The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materiais are cpurchased The labor rate variance for September is Multiple Choice $3,528 U 3,528 F C Prev 21 of 25 Next > MacBook Pro 5 6 command os