Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 7.6 ounces $ 4.00 per ounce $ 30.40 Direct labor 0.5 hours $ 10.00 per hour $ 5.00 Variable overhead 0.5 hours $ 9.00 per hour $ 4.50 The company reported the following results concerning this product in June. Originally budgeted output 3,000 units Actual output 3,100 units Raw materials used in production 16,300 ounces Purchases of raw materials 17,400 ounces Actual direct labor-hours 510 hours Actual cost of raw materials purchases $ 45,000 Actual direct labor cost $ 13,000 Actual variable overhead cost $ 3,500 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 efficiency variance for June is: Garrison 16e Rechecks 2017-10-31