Gllder Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity of Standard Price or Hours Rate 3.2 grams $4.00 per gram 0.7 hours $13.00 per hour 0.7 hours $4.00 per hour Standard Cost Per Unit $12.80 $9.10 $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 8,700 units 8,600 units 26,990 grams 30,600 grams 3,300 hours $125,460 $45,870 $12,210 The company applles variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materiais price variance for June is: O $2.715 F 0 $3,060 U O $3,060 F 0 $2,715 0