iyuez CUI PUISLIUI Ides d pivuULL WILIT UNTUwNy bldud LUSCS. Direct materials Direct labor Variable overhead Standard Quantity or Hours 2.4 liters 0.5 hours 0.5 hours Standard Price or Rate $ 7.10 per liter $23.00 per hour $ 2.10 per hour Standard Cost Per Unit $17.94 $11.50 $ 1.05 The company budgeted for production of 2,700 units in September, but actual production was 2,600 units. The company used 5,540 liters of direct material and 1,690 direct labor-hours to produce this output. The company purchased 5,900 liters of the direct material at $7.30 per liter. The actual direct labor rate was $25.10 per hour and the actual variable overhead rate was $1.80 per hour. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overhead rate variance for September is: Multiple Choice $390 F $5070 $507 U $507 F