Tharaldson Corporation makes a product with the following standard costs:

TB MC Qu. 10-138 Tharaldson Corporation makes ... Tharaldson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 7.4 ounces 0.8 hours 0.8 hours Standard Price or Rate $ 7.00 per ounce $ 18.00 per hour $ 7.00 per hour Standard Cost Per Unit $51.80 $14.40 $ 5.60 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 2,800 units 2,400 units 19,000 ounces 22, 300 ounces 4,400 hours $ 41,300 $ 12,800 $ 3,400 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 quantity variance for June is: Multiple Choice $8,680 F $2,297 U $8,680 U $2,297 F