Standard Quantity or Hours Standard Price or rate Standard Cost per unit Direct materials ....... 6 5 kilos exist1.00 per kilo exist6 50 Direct labor ............. 0.3 hours exist10 00 per hour exist3 00 Variable overhead ....... 0 3 hours exist4 00 per hour exist1.20 In January the company's budgeted production was 7, 400 units but the actual production was 7, 500 units The company used 45, 580 kilos of the direct material and 2, 030 direct labor-hours to produce this output. During the month, the company purchased 48, 500 kilos of the direct materiel at a cost of exist53, 350. The actual direct labor cost was exist18, 473 and the actual overhead cost was exist7, 714. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overhead efficiency variance for January is exist836 F exist836 U exist880 F exist880 U