Hurren Corporation makes a product with the following standard costs: Inputs Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit 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. Originally budgeted output 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 $3,280 F $2,870 U $2,870 F