Saved Help Save & Exit S Doogan Corporation makes a product with the following standard costs: Standard Quantity or Standard Price or Hours Rate Direct materials Direct labor Variable overhead 7.4 grams 0.5 hours $ 2.00 per gram $20.00 per hour 0.5 hours 7.00 per hour The company produced 5,200 units in January using 39,310 grams of direct material and 2,380 direct labor-hours. During the month, t hour and the actual variable overhead rate was $6 80 per hour The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed the direct material at $170 per gram. The actual direct labor rate was $19.30 per when the materials are purchased. The variable overhead rate variance for January is Multiple Choice $476 U $520 F $476 F $520 U Prey 14 of 30 I Next>