Mlar Corporation makes a product with the following standard costs: Standard Quantity or Hours 7-7 pounds 0.1 hours 0.1 hours Standard Price or Rate Direct materials Direct labor Variable overhead 4.00 per pound $20.00 per hour $ 4.00 per hour In January the company produced 2000 unlts using 16,060 pounds of the direct materlal and 210 dlrect labor-hours. During the month, the company purchased 16,900 pounds of the direct materlal at a cost of $65,910. The actual direct labor cost was $4,473 and the actual varlable overhead cost was $756. The company applies varlable overhead on the basis of direct labor-hours. The direct materlals purchases varlance Is computed when the materials are purchased. The labor rate varlance for January Is: Multiple Choice $273 F $260 F $273 U $260 U