Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours 7.1 ounces 0.2 hours 0.2 hours Direct materials Direct labor Variable overhead Standard Price or Rate $ 4.00 per ounce $ 11.00 per hour $ 4.00 per hour Standard Cost Per Unit $ 28.40 $ 2.20 $ .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 2,500 units 3,000 units 18,300 ounces 19,400 ounces 560 hours $ 45,100 $ 12,500 $ 3,250 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when The labor efficiency variance for June is: The labor efficiency variance for June is: Multiple Choice O $660 F O $440 U $440 F $660 U