TB MC Qu. 10-99 (Static) Dirickson Incorporated has provided the following data... Dirickson Incorporated 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. Standard Quantity or Hours per Unit of Inputs Output Standard Price or Rate Direct materials 7.6 ounces $9.40 per ounce Direct labor 0.10 hours $ 18.00 per hour variable manufacturing overhead 0.10 hours $ 5.30 per hour The company has reported the following actual results for the product for July Actual output 7,600 units raw materials purchased 63,000 ounces Actual cost of raw materiale purchased 5 541,800 Raw materials used in production 57,750 ounces Actual direct labor-hours 020 hours Actual direct labor cost $ 16,072 Actual variable overhead coat $4,592 The raw materials quantity variance for the month is closest to