3 i Saved Tharaldson Corporation makes a product with the following standard costs: Standard Standard Quantity or Standard Price or Cost Per Hours Rate Unit 7.5 ounces $ 3.00 per ounce $ 22.50 0.4 hours $19.00 per hour $: 7.60 0.4 hours $ 8.00 per hour $ 3.20 Direct materials Direct labor Variable overhead 1:09:10 Sook The company reported the following results concerning this product in June. Originally budgeted output Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost 2,900 units 3,000 units 20,700 ounces 21,800 ounces 500 hours 42,300 12,900 3,450 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed w are purchased The labor efficiency variance for June is