Gilder Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity of Standard Price or Hours Rate 9.00 grams $4.00 per gram 0.3 hours $14.00 per hour 0.3 hours $6.00 per hour Standard Cost Per Unit $36.00 $4.20 $1.80 The company reported the following results concerning this product in June. 7,200 units 7,300 units 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 46,900 grams 630 hours $262,290 $8,153 $3,118 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: O $667 F $681U $667 U $681F