Multiple Choice

• $86 U

• $86 F

• $94 U

• $94 F

Dirickson Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours per Unit of Output Standard Price or Rate 7.6 ounces $ 9.40 per ounce 0.10 hours $18.00 per hour 0.10 hours $ 5.30 per hour The company has reported the following actual results for the product for July: Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 7,600 units 63,000 ounces $541,800 57,750 ounces 820 hours $ 16,072 $ 4,592 The raw materials quantity variance for the month is closest to