Tharaidson Corporation makes a product with the following standard costs Direct materials Direct labor Variable overhead Standard Quantity or Hours 6.8 ounces 0.7 hours 0.7 hours Standard Price or Rate 52.00 per ounce Standard Cost Per Unit $13.60 $ 8.40 $ 12.00 per hour $ 7.00 per hour $ 4.90 The company reported the following results concerning this product in June. Originally budgeted output Actual output Raw materials used in production 2,200 units 2,700 units 20,000 ounces Purchases of raw materials. Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost 21,700 ounces 4,200 hours $ 40,700 $ 12,200 $ 3,100 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 materials quantity variance for June is Multiple Choice $3,280 F $3,076 U $3.280 U $3.076 F