Predetermined overhead rate based on direct labor hours =$3.84 The January figures for purchasing, production, and labor are: The company purchased 221,800 pounds of raw materials in January at a cost of 78& a pound. Production used 221,800 pounds of raw materials to make 112,000 units in January. Direct labor spent 18 minutes on each product at a cost of $8.80 per hour. Overhead costs for January totaled $37,559 variable and $75,000 fixed. Answer the following questions about standard costs. eTextbook and Media What is the total labor variance? (Round per unit calculations to 2 decimal places, eg 1.25 and firal answer to 0 decimal gliseresc e is 125.) Total labor variance