Milar Corporation makes a product with the following standard costs: 10 Standard Quantity Standard Price or or Hours Rate Direct materials S 4.00 per pound 7.7 pounds Variable overhead s 4.00 per hour 0.1 hours | and 210 direct labor-hours. During the month, the company purchased 16,900 pounds of the direct material at a cost of $65,910. The aetual clict abor coct t4.473 pp the astual yacible.ouorboad cort uas & 75S 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 January is: Multiple Choice $84 U $80 F $84 F $80 U