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Gilder Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 6.10

Gilder Corporation makes a product with the following standard costs:

Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit
Direct materials 6.10 grams $ 5.00 per gram $ 30.50
Direct labor 0.20 hours $ 11.00 per hour $ 2.20
Variable overhead 0.20 hours $ 4.00 per hour $ 0.80

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

Originally budgeted output 3,100 units
Actual output 3,180 units
Raw materials used in production 18,508 grams
Purchases of raw materials 21,108 grams
Actual direct labor-hours 560 hours
Actual cost of raw materials purchases $99,210
Actual direct labor cost $5,757
Actual variable overhead cost $1,594

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:

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