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Tharaldson Corporation makes a product with the following standard costs: Directi materials Direct labor Variable overhead Standard Quantity or Hours 7.3 ounces 0.7 hours 0.7 hours Standard Price or Rate $ 3.00 per ounce $ 17.00 per hour $ 6.00 per hour Standard Cost Per Unit $ 2190 $ 11.90 $ 4.20 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 purchases Actual direct labor cost Actual variable overhead cost 2,700 units 2,300 units 20,500 ounces 21,600 ounces 3,800 hours $ 42, 100 5 12,700 $ 3, 358 The company applies vanable overhead on the basis of direct labor-hours. The direct matena purchases variance is computed when the materials are purchased. The materials price vanance for June is Multiple Choice $22.700 F