Landram Corporation...

Land ram Corporation makes a product with the following standard costs: The company produced 5,000 units in April using 10, 310 liters of direct material and 2, 290 direct labor -hours. During the month, the company purchased 10, 880 liters of the direct material at $7.10. per liter. The actual direct labor rate was $11.70 per hour and the actual variable overhead rate was $3.00 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 materials quantity variance for April is: $2, 201 U $2, 170 F $2, 201 F $2, 170 U