Save Question 27 1 points A company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standards for the prime costs of one unit of product Standard Standard Standard Quantity Cost Direct Materials 7 pou 13 Direct Labor 0.25 hour 24 hour Price nds $ 1.50 per pound $9.60 per During November, the company purchased 126,000 pounds of direct materials as a total cost of $277,200. The total factory wages for November were 546,000, 90w of which were for direct labor. The company manufactured 17.000 units of product during November using 105,000 pounds of direct materials and 4500 direct labor hours What is the direct labor rate variance for November? 51417 $1800 52400 53000