inchas established stanut Inputs Direct Materials Direct Labor Standard quantity or 8.6 kilos Variable Overhead 0.8 hours The company produced 6,000 units in May using 36.970 kills of direct direct labor-hours. During the month, the company purchased 40 MBO material at $4.70 per kilo. The actual direct labor rate was $12.70 per te variable overhead rate was $2.70 per hour. 0.8 hours The company applies variable overhead on the basis of direct labor-hours. The materials purchases variance is computed when the materials are purchas. Required O Calculate a. Material Price Variance b. Material Quantity Variance C. Labor Rate Variance d. Labor Efficiency Variance e. Variable Overhead Rate Variance f. Variable Overhead Efficiency Variance Start Quantity or Hours Standard Price on Rede 66 Klos 5.00 per kilo Shours S4.00 per his 0 hours 5.00 per han 000 and posits in May using 36,970 kilos of direct material and 320 hoursDuring the month, the company purchased 40 400 klos o direct #pele. The stul direct labor rate was $13.70 per hour and the actual De tweets 52.70 per hour. company applies wable overhead on the basis of direct labor -hours Thedirect els puslases vana's computed when the material are purchased