Gilder Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	7.6 grams	$6.00 per gram	$45.60
Direct labor	0.1 hours	$16.00 per hour	$1.60
Variable overhead	0.1 hours	$6.00 per hour	$0.60

The company reported the following results concerning this product in June.

Originally budgeted output	5,400	units
Actual output	5,500	units
Raw materials used in production	39,200	grams
Purchases of raw materials	44,100	grams
Actual direct labor-hours	510	hours
Actual cost of raw materials purchases	$260,190
Actual direct labor cost	$7,803
Actual variable overhead cost	$2,754

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: