Direct materials Direct labor Variable overhead Standard Quantity or Hours 6.6 ounces 0.8 hours 0.8 hours Standard Price or Rate $5.00 per ounce $ 10.00 per hour Standard Cost Per Unit $ 33.00 $ 8.00 $5.00 per hour $ 4.00 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 2,000 units 2,500 units 19,000 ounces 21,500 ounces 4,900 hours $ 40,500 $ 12,000 $ 3,000 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: Multiple Choice C $12,500 F $4,709 U $12,500 U $4,709 F