Miguez Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 3.6 liters 0.5 hours 0.5 hours Standard Price or Rate $ 8.30 per liter $35.00 per hour S 3.30 per hour Standard Cost Por Unit $29.BB $17.50 $ 1.65 The company budgeted for production of 3.900 units in September, but actual production was 3,800 units. The company used 6740 liters of direct material and 1810 direct labor hours to produce mis output. The company purchased 7,100 liters of the direct material at $8.50 per liter. The actual direct labor rate was $3710 per hour and the actual variable overhead rate was $3.10 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: Q Multiple Choice $362 U $380 F 53B0U $362 F