Hurren Corporation makes a product with the following standard costs: Standard Cost Per Unit Standard Quantity or Standard Price or Inputs Direct materials Direct labor Variable overhead Hours 4.1 grams 1.6 hours 1.6 hours Rate $7.00 per gram $16.00 per hour $7.00 per hour $28.70 $25.60 11.20 The company reported the following results concerning this product in June. Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials purchased Actual direct labor rate Actual variable overhead rate 7,100 units 7,000 units 28,350gram 4,200 | hours 31,500 gram $7.10 per gram $16.90 per hour $6.70 per hour The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased The materials price variance for June is: (Round your intermediate calculations to 2 decimal places.) O $3150 u O $2854 Uu 0 $3,150 F O $2,854 F