Kartman Corporation makes a product with the following standard costs: Standard Quantity or Hours 8.1 pounds 0.4 hours 0.4 hours Standard Price or Rate Standard Cost Per Unit Direct materials Direct labor Variable overhead 8.60 per pound $ 40.00 per hour $ 5.60 per hour 69.66 $16.00 2.24 In June the company's budgeted production was 5,000 units but the actual production was 5,100 units. The company used 23,750 pounds of the direct material and 2,450 direct labor-hours to produce this output. During the month, the company purchased 27000 pounds of the direct material at a cost of 186,180. The actual direct labor cost was $58.621 and the actual variable overhead cost was $13.231 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 June is Mulsiple Choice $407 U $489 $489 U