Use the following information to complete Brief Exercises 10-34 and 10-35: Young Inc. produces plastic bottles. Production of 16-ounce bottles has a standard unit quantity of 0.45 ounce of plastic per bottle. During the month of June, 240,000 bottles were produced using 110,000 ounces of plastic. The actual cost of plastic was $0.042 per ounce, and the standard price was $0.045 per ounce. There is no beginning or ending inventories of plastic. Brief Exercise 10-34. Total Materials Variance Objective 3 Example 10.3 Refer to the information for Young Inc. above. Required: Calculate the total variance for plastic for the month of June