uiz Question 7 of 10 Epley Corporation makes a product with the following standard costs: Standard Quartity or Hours 3.5 pounds 0.8 hours 0.8 hours Standard Price or Rate $3.00 per pound $19.00 per hour $8.00 per hour Direct labor In July the company produced 3,300 units using 12,240 pounds of the drect material and 2,760 direct labor-hours. During the month, the company purchan cost of $35,100. The actual direct labor cost was $51,612 and the actual variable overhead cost was $20,48 The company applies variable overhead on the basis of direct labor-hours. The direct manerials purchases varilance is compuned when the materiah are pu The variable overhead efficiency variance for July is O $960 F ? $960 u O $876 F O $876 U Type here to search FNO