ed Standard Cost Per Unit $21.90 $ 3.40 $ 1.20 Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 7.3 ounces $ 3.00 per ounce Direct labor 0.2 hours $ 17.00 per hour Variable overhead 0.2 hours $ 6.00 per hour The company reported the following results concerning this product in June Originally budgeted output 2,700 units Actual output 2,800 units Raw materials used in production 20,500 ounces Purchases of raw materials 21,600 ounces Actual direct labor-hours 480 hours Actual cost of raw materials purchases $ 142, 100 Actual direct labor cost $ 12,700 Actual variable overhead cost $ 3,350 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