Gilder Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	4.4 grams	$8.00 per gram	$35.20
Direct labor	0.7 hours	$19.00 per hour	$13.30
Variable overhead	0.7 hours	$4.00 per hour	$2.80

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

Originally budgeted output	6,600	units
Actual output	6,500	units
Raw materials used in production	28,380	grams
Purchases of raw materials	31,800	grams
Actual direct labor-hours	4,500	hours
Actual cost of raw materials purchases	$257,580
Actual direct labor cost	$89,550
Actual variable overhead cost	$16,650

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 variable overhead rate variance for June is:

$1,350 F

$1,350 U

$1,365 F

$1,365 U

Gilder Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity Standard Price or or Hours Rate 4.4 grams $8.00 per gram 0.7 hours $19.00 per hour 0.7 hours $4.00 per hour Standard Cost Per Unit $35.20 $13.30 $2.80 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 6,600 units 6,500 units 28,380 grams 31,800 grams 4,500 hours $257,580 $89,550 $16,650 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 variable overhead rate varlance for June is: $1,350 F $1,350 U $1,365 F $1,365 U