Slem portion Seved Pippin Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours Help Inputs Direct materials Direct labor Variable manufacturing overbead Standard Quantity or Hours per Unit of Output Standard Price or Rate 5.0 grams 0.30 hours $7.00 per gram $21.30 per hour 0.30 hours $ 9.60 per hour The company has reported the following actual results for the product for June Actual output Raw materials purchased Actual price of raw materials Raw materials used in production Actual direct labor-hours Actual direct labor rate Actual variable overhead rate The labor rate variance for the month is closest to 8,500 units 48,100 grams $ 7.70 per gran 42,490 grams 2,300 hours $21.70 per hour 59.00 per hour Mule Choice O $1020 $1020 U 1120F 1920 U