7. Gllder Corporation makes a product with the following standard costs: Direct materials Direct labor Varlable overhead Standard Quantity or Hours 4.6 grams 0.8 hours 0.8 hours Standard Price or Rate $4.00 per gram $11.00 per hour $6.00 per hour Standard Cost Per Unit $18.40 $8.80 $4.80 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 6,800 units 6,700 units 28,400 grams 32,000 grams 4,700 hours $131,200 $55,930 $26,790 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 variable overhead efficiency variance for June is: $3.960 U $3.762 U $3.762 F $3.960 F