Tharaldson Corporation makes a product with the following standard costs Standard Quantity or Hours 5.5 ounces 0.6 hours 0.6 hours Standard Standard Price or Cost Per Direct materials Direct labor Variable overhead Rate $ 4.00 per ounce $ 11.00 per hour $ 8.00 per hour Unit $22.00 $ 6.60 $ 4.80 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 4,100 units 4,100 units 23,500 ounces 28,400 ounces 4,800 hours $ 42,60e $ 14,108 $ 4,05e 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