TB MC Qu. 9-291 Kartman Corporation makes a product with ... 49 Kartman Corporation makes a product with the following standard costs: 2 points Standard Quantity or Hours 8.1 pounds 0.4 hours 0.4 hours Direct materials Direct labor Variable overhead Standard Price or Rate $ 8.60 per pound $ 40.00 per hour $ 5.60 per hour Standard Cost Per Unit $ 69.66 $ 16.00 $ 2.24 01:29:25 eBook In June the company's budgeted production was 5,000 units but the actual production was 5,100 units. The company used 23,750 pounds of the direct material and 2,450 direct labor-hours to produce this output. During the month, the company purchased 27,000 pounds of the direct material at a cost of $186,180. The actual direct labor cost was $58,621 and the actual variable overhead cost was $13,231. here References 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 rate variance for June is: Multiple Choice $407 U O $489 F O $489 U O $407 F