A company uses a standard costing system with the standards per unit below: Standard Quantity/Hours Price Standard Cost per Unit Direct materials 7 ounce $2.00 per ounce $14.00 per unit Direct labor 0.5 hours $23.00 per hour $11.50 per unit Variable overhead 0.5 hours $ 6.00 per hour $3.00 per unit Fixed manufacturing overhead $3.00 per unit Master Budget Output The company reported the following results concerning this product in June. 2,700 units Actual Output 2,820 units Raw materials used in production 19,800 ounces Purchases of raw materials 21.400 ounces Actual direct labor-hours 1,400 hours Actual cost of raw materials purchases $ 43,400 Actual direct labor cost $ 31,600 Actual variable overhead cost $8,470 Actual fixed manufacturing overhead $8,300 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases price variance is computed when the materials are purchased. The materials purchases price variance for June is: 0$ 6000 $3,800 F The materials purchases price variance for June is: 0$ 600 U $ 3,800 F O $ 600 F 0$ 3,800 U The fixed manufacturing overhead volume variance is: 0$ 360 U O $200 F O $ 360 F 0$200 U