Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours 6.8 ounces 0.5 hours 0.5 hours Standard Cost Per Unit $27.20 $ 6.00 $ 3.50 Standard Price or Rate $ 4.00 per ounce $ 12.00 per hour $ 7.00 per hour Direct materials Direct labor Variable overhead -es 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 2,200 units 2,700 units 16,900 ounces 18,000 ounces 530 hours $ 45,000 $ 12,200 $ 3,100 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 labor rate variance for June is: Multiple Choice $80 F $5,840 F O $80 U $5,840 U