19) Majer Corporation makes a product with the following standard costs: 1 Standard Quantity Standard Price or Standard Cost or Hours Rate Per Unit Direct materials S 6.6 ounces 2.00 per ounce 13.20 17.00 per hour 2.00 per hour Direct labor 0.9 hours $ 15.30 Variable overhead 0.9 hours $ 1.80 The company reported the following results concerning this product in February Originally budgeted output Actual output Raw materials used in production 4500 units 5400 units 30,600 ounces 2120 hours ctual direct labor-hours Purchases of raw materials 29,200 ounces 107.10 per ounce Actual price of raw materials Actual direct labor rate $ 97.60 per hour 6.20 per hour $ Actual variable overhead rate $ 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 variable overhead efficiency variance for February is: B) $5475 F A) $5480 F C) $5480 U D) $5475 F