Quiz 3 (Chapters 7,8,810) A Saved Help Save & Exit Submit Tharaldson Corporation makes a product with the following standard costs: 13 Standard Quantity or Hours 6.7 ounces 0.4 hours 2.4 hours 8 00:34:30 Direct materials Direct labor Variable overhead Standard Price or Rate $ 3.00 per ounce $ 11.ee per hour $ $ 6.00 per hour Standard Cost Per Unit $ 20.10 $ 4.40 $ 2.40 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 2.100 units 2,600 units 18,988 ounces 20,88 ounces 520 hours $ 41,eee $ 12,100 $ 3,050 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 efficiency variance for June is: Multiple Choice $3.520 F O O $5.720 F $5,720 U $3.520 U