Miguez Corporation makes a product with the following standard costs: Standard Cost Per Unit Standard Quantity or Standard Price or Hours Rate 2.3 liters $7.00 per liter 0.7 hours $22.00 per hour 0.7 hours $ 2.00 per hour Direct materials Direct labor Variable overhead $16.10 $15.40 $ 1.40 The company budgeted for production of 2,600 units in September, but actual production was 2,500 units. The company used 5,440 liters of direct material and 1680 direct labor. hours to produce this output. The company purchased 5.800 Iters of the direct material at $7.20 per liter. The actual direct laborate was $24 10 per hour and the actual variable overhead rate was $190 per hout 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: Mumple Choice O $175F o seu