Bordes Corporation has provided the following data concerning its most important raw material, compound R85F: The raw material was purchased on account. The credits to the Raw Materials account for May would total: Hurren Corporation makes a product with the following standard costs: The company reported the following results concerning this product in June. 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 June is