Milar Corporation makes a product with the following standard costs: In January the company produced 3,370 units using 13,480 pounds of the direct material and 2,816 direct labor-hours. During the month, the company purchased 14.240 pounds of the direct material of a cost of $35,100. The actual direct labor cost was $72,810 and the actual variable overthead cost was $32,380 The company applies varuble overhead on the bavis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The labor rate vaciance for January is: 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 labor rate variance for January is: Murrile Cheice 54060 3245 5404: s2nau