oration makes ... Tharaldson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 6.9 ounces 0.4 hours 0.4 hours Standard Price or Rate $ 2.00 per ounce $ 13.00 per hour $ 8.00 per hour Standard Cost Per Unit $ 13.80 $ 5.20 $ 3.20 The company reported the following results concerning this product in June Originally budgeted output 2,300 units Actual output 2,800 units Raw materials used in production 21,980 ounces Purchases of raw materials 23,800 ounces Actual direct labor-hours 540 hours Actual cost of raw materials purchases $ 42,000 Actual direct labor cost $ 12,300 Actual variable overhead cost $ 3,158 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased The labor efficiency variance for June is Muluple Choice $4,940 U $4,940 F $7,540 F $7.540 U