Saved Help Save & Exit Sub Tharaldson Corporation makes a product with the following standard costs Standard Quantity or Hours Standard Standard Price or Cost Per Rate Unit Direct materials Direct labor Variable overhead 6.5 ounces 2.00 per ounce $13.0 0.2 hours 23.80 per hour 4.60 0.2 hours 6.80 per hour 1.20 The company reported the following results concerning this product in June originally budgeted output 2,700 units 2,800 units 19,380 ounces 21,400 ounces 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 580 hours $40,660 12,05e $ 3,100 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 Chaice 1,380 u 1 380 F $1446 F $1446