Tharaldson Corporation makes a product with the following standard costs: Standard Cost Per Unit $ 12.60 $ 4.40 $ 2.40 Standard Quantity or Hours Standard Price or Rate Direct materials 6.3 ounces $ 2.00 per ounce Direct labor 0.4 hours $11.00 per hour Variable overhead 0.4 hours $ 6.00 per hour The company reported the following results concerning this product in June, Originally budgeted output 3,300 units Actual output 2,689 units Raw materials used in production 19,500 ounces Purchases of raw materials 22,400 ounces 470 hours Actual direct labor-hours Actual cost of raw materials purchases $ 42,000 Actual direct labor cost $ 13,30 Actual variable overhead cost $ 3,550 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 variable overhead rate variance for June is The variable overhead rate variance for June is: Multiple Choice O $742 F O $730 F $730 U $742 U