nts he Mack Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead The company reported the following results concerning this product in August. Actual output Standard Quantity or Hours Standard Price or Rate 3.5grams $ 1.00 Per gram 0.7hours $ 11.00 Per hour 0.7hours $ 2.00 Per hour Raw materials used in production 3,000units 11,370grams Actual direct labor-hours 1,910hours Purchases of raw materials 12,100grams Actual price of raw materials purchased $ 1.20per gram Actual direct labor rate $ 11.40per hour Actual variable overhead rate $ 2.10per hour