TB MC Qu. 10-141 Tharaldson Corporation makes ... Tharaldson Corporation makes a product with the following standard costs: Standard Standard Price or Cost Per Rate Unit Standard Quantity or Hours 5.4 ounces 0.5 hours 0.5 hours Direct materials Direct labor Variable overhead $12.00 per hour $ 9.00 per hour $ 6.00 $ 4.50 The company reported the following results concerning this product in June. Originally budgeted output Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials Actual direct labor cost Actual variable overhead cost 4,200 units 4,200 units 20,400 ounces 21,500 ounces 560 hours $ 42,900 $ 14, 200 $ 4,100 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 rate variance for June is: Multiple Choice S1394 57 51394 u