Gilder Corporation makes a product with the following standard costs: Standard Price or Rate Standard Cost Per Unit Direct materials Direct labor Variable overhead Standard Quantity or Hours 7.30 grams 0.35 hours 0.35 hours $5.00 per gram $23.00 per hour $ 3.00 per hour $3650 $ 8.05 $105 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 4 300 units 4,440 units 30.092 grams 34,692 grams 1300 hours 5169 $28.808 The company applies variable overhead on the is computed when the materials are purchased The materials price variance for su $3.470F $3.470 $3.2400 $3.240 F