Majer Corporation makes a product with the following standard ceste Standard Quantity Standard Price or Standard Cost or Hours Rate Per Unit 6Aounces $ 12,80 Direct materials $ 2.00 per ounce Direct labor 0.6hours $ 9.60 hour $16.00 per s 2ooper $ Variable overhead 0.6hours 1.20 The company reported the following results concerning this product in February hour Originally budgeted output 5700units Actual output 5100 units Raw materials used in production 31,000ounces Actual direct labor-hours 2000hours Purchases of raw materials 28,000ounces Actual price of raw materials $ 112.90per ounce Actual direct labor rate $ 122.40per hour Actual variable overhead rate $ 1.10per hour 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 rate variance for February is