Miguez Corporation makes a product with the following standard costs: Standar Standard Price or Rate 7.80 per liter Standard Cost P Direct materials Direct labor Variable overhead Hours 3.1 liters 0.4 hours 0.4 hours 24.18 s 12.00 $ 1.12 $30.00 per hour 2.80 per hour The company budgeted for production of 3,400 units in September, but actual production was 3,300 units. The company used 6,240 liters of direct material and 1,760 direct labor-hours to produce this output. The company purchased 6,600 liters of the direct material at $8.00 per liter. The actual direct labor rate was $32.10 per hour and the actual variable overhead rate was $2.50 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