d: Ch 9 Quiz A Help Suve & Exit Sub haraldson Corporation makes a product with the following standard costs: Standard Quantity or Hours 5.7 ounces 0.2 hours 0.2 hours Direct materials Direct labor Variable overhead Standard Standard Price or Cost Per Rate Unit $ 2.00 per ounce $11.40 $11.00 per hour $ 2.20 $ 6.00 per hour $ 1.20 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 coat 3,900 units 3,500 units 22,500 ounces 23.000 ounces 530 hours 542.600 $ 13,900 $ 3.950 The company applies variable overhead on the basis of direct labor-hours. The direct materiais purchases variance is computed when the materials are purchased. The labor rate variance for June : Multiple Choice $7800 $8.070 F $8.070 SUBOF