A company uses a standard costing system with the standards per unit below: Standard Quantity/Hours Price Standard Cost per Unit Direct materials 6.5 ounces $2.00 per ounce $13.00 Direct labor 0.2 hours $23.00 per hour $ 4.60 Variable overhead 0.2 hours $ 6.00 per hour $ 1.20 The company reported the following results concerning this product in June. Master Budget Output 2,700 units Actual Output 2,820 units Raw materials used in production 19,380 ounces Purchases of raw materials 21,400 ounces Actual direct labor-hours 500 hours Actual cost of raw materials purchases $ 40,660 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 price ve when the materials are purchased. The materials purchases price variance for June is: 0$ 1,900 U $1,900 F $ 2,140 F 0$ 2,140 U The materials quantity variance for June is: 0$ 6,140 U O $6.140 F $ 2.100 U O $ 2.100 F The direct labor efficiency variance for June is: $ 550 F $1,472 U 0550 O $1.472 F