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Hurren Corporation makes a product with the following standard costs: Inputs Standard Quantity or Hours Standard Price or Rate Standard Cost PerUnit Direct materials 5.4

Hurren Corporation makes a product with the following standard costs:

Inputs Standard Quantity or Hours Standard Price or Rate Standard Cost PerUnit
Direct materials 5.4 grams $8.00 per gram $43.20
Direct labor 1.7 hours $19.00 per hour $32.30
Variable overhead 1.7 hours $8.00 per hour 13.60

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

Originallybudgetedoutput 5,600 units
Actual output 5,500 units
Raw materials used in production 28,480 grams
Actual direct labor-hours 5,500 hours
Purchases of raw materials 32,800 grams
Actual price of raw materials purchased $8.10 per gram
Actual direct labor rate $19.90 per hour
Actual variable overhead rate $7.70 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.)

$3,280 U$2,870 U$2,870 F$3,280 F

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