Tharaldson Corporation makes a product is the following standard costs standard Cont Per Unit 11.00 Direct materials Standard Ouantity Standard Price or or Or Rate 5.5 $ 2.00 per Ounces ounce 0.4 hours $11.00 per hour 0.4 hours $3.00 per hour $ 4.40 Direct labor Variable overhead $ 3.20 The company reported the following results concerning this product in June 4,100 units 4,100 units 23,500 ounces 24,000 ounces originally budgeted output Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials urchases Actual direct labor cost Actual variable overhead cost 550 hours 5 800 $14,100 $ 4,050 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases varance is computed when the materials are purchased The labor rate variance for June is Suver Corporation has a standard costing system. The following data are available for June Actual quantity of direct materials purchased Standard price of direct materials Material price variance Material quantity variance 60.000 pounds $ 3.00 per pound 5 3.000 Unfavorable $ 3.500 Favorable The actual price per pound of direct materials purchased in June was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $3.07 per pound $3,05 per pound a $2.93 per pound Tharaldson Corporation makes a product with the following standard costs Direct materials Standard Quantity Standard Price standard coat or Hours Ortate Por Unit 5.2 $ 3.00 per $ 15.60 Ounces Ounce 0.9 hours $14.00 per hour $ 12.60 0.9 hours $5.00 per hour $ 4.50 Direct Labor Variable overhead 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 4,400 units 4.600 unita 21,900 ounces 22,900 ouncen 7,200 hours $39,500 $14,400 $ 4,200 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