Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Pei Unit $ 13.80 Direct materials Direct labor Variable overhead 6.9 ounces $ 2.00 per ounce 0.8 hours $ 13.00 per hour $ 10.40 0.8 hours $ 8.00 per hour $ 6.40 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 2,300 units 2,800 units 21,900 ounces 23,000 ounces 4,800 hours $ 42,000 $ 12,300 $ 3,150 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