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Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 6

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Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 6.5 ounces $ 2 per ounce $ ???? Direct labor 0.2 hours $ 23 per hour S 4.6 Variable overhead 0.2 hours $ 6 1.2 per hour $ 2,700 units 2.800 units The company had the following results in June, Originally budgeted output Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours 19,380 ounces 21,400 ounces 500 hours $ 40,660 Adtual cost of raw materials purchases $ $ Actual direct labor cost 12,050 Actual variable overhead cost 3,100 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 materials quantity variance for June is: