Tharakison Corporation makes a product with the following standard costs: Direct materials Direct labor Standard Quantity or Hours 6.1 ounces 0.6 hours Standard Cost Standard Price or Rate Per Unit $ 8.00 per ounce $ 12.00 per hour $ 48.80 Variable overhead 0.6 hours $ 8.00 per hour 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 3,500 units 3,000 units 20,500 ounces 21,000 ounces 4,100 hours $ 42,000 $ 13,500 $ 3,750 $ 7.20 $ 4.80 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 $17,600 F $4,400 U $17,600 U $4,400 F Tharaldson Corporation makes a product with the following standard costs: Direct materials Standard Quantity or Hours 5.7 ounces 0.8 hours Standard Price or Rate $ 2.00 per ounce $ 11.00 per hour Direct labor Variable overhead 0.8 hours $ 6.00 per hour 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 3,900 units 3,500 units 22,500 ounces 23,000 ounces 6,000 hours $ 42,600 $ 13,900 $ 3,950 Standard Cost Per Unit $ 11.40 $ 8.80 $ 4.80 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 price variance for June is: Multiple Choice $3,400 F 000 $3,ADO U $2,070 F $2,070 U