Tharaldson Corporation makes a product with the following standard costs: Standard Standard Quantity or Standard Price or Cost Per Rate Unit Direct materials Direct labor Variable overhead Hours 5.8 ounces 0.5 hours 0.5 hours 3.00 per ounce 17.40 S 6.00 $ 2.50 12.00 per hour 5.00 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 3,800 units 3,400 units 20,800 ounces 21,900 ounces 520 hours $ 42,500 $13,800 $3,900 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 labor rate variance for June is: Multiple Choice $1,909 F $7,560 F $1,909 U $7,560 U