Saved TB MC Qu. 10-160 (Static) Puvo, Incorporated, manufactures a single pro Puvo, Incorporated, manufactures a single product in which variable manufacturing overhead is uses a standard cost system and has established the following standards for one unit of produce Direct materials Direct labor Variable manufacturing overhead Standard Quantity 5.8 pounds 0.5 hours 0.5 hours Standard Price $ 0.68 per $ 33.5e per $ 8.50 per During March, the following activity was recorded by the company: The company produced 2.400 units during the month. A total of 19,400 pounds of material were purchased at a cost of $13,580. There was no beginning inventory of materials on hand to start the month; at the end of the mont During March, 1,090 direct labor-hours were worked at a rate of $30.50 per hour. Variable manufacturing overhead costs during March totaled $14,061. The direct materials purchases variance is computed when the materials are purchased. The variable overhead rate variance for March is