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Milar Corporation Makes a Product with the Following Standard Costs

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Milar Corporation makes a product with the following standard costs: Milar Corporation makes a product with the following standard costs:   In January the company produced 3,310 units using13,240 pounds of the direct material and 2,768 direct labor-hours. During the month, the company purchased 14,000 pounds of the direct material at a cost of $35,100. The actual direct labor cost was $54,960 and the actual variable overhead cost was $23,860.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 labor rate variance for January is: A)  $400 Favorable B)  $400 Unfavorable C)  $2,000 Unfavorable D)  $2,000 Favorable In January the company produced 3,310 units using13,240 pounds of the direct material and 2,768 direct labor-hours. During the month, the company purchased 14,000 pounds of the direct material at a cost of $35,100. The actual direct labor cost was $54,960 and the actual variable overhead cost was $23,860.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 labor rate variance for January is:


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