MC Qu. 299 Gilder Corporation makes... Gilder Corporation makes a product with the following standard costs Standard Quantity or Standard Price or Standard Cost Per Rate 76 grams $6.00 per gram 0.1 hours$16.00 per hour 0.1 hours $6.00 per hour Unit $45.60 $1.60 $0.60 Hours Direct materials Direct labor Variable overhead The company reported the following resuits concerning this product in June. 5,400 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 39,200 grams 44.1001 grams 510 hours $260,190 $7,803 $2,754 The company applies variable overhead on the basis of din ect labor-hours. The direct materials purchases varlance is computed when the materials are purchased The labor efficlency variance for June is O $640F O $640 U O $612 F O $612 U