Majer Corporation makes a product with the following standard costs Standa Unit $ 2.00 per ounce$12.8 Standard Quantity Standard Price or Cost Per Direct materials Direet labor Variable overhead or Bours 6.4 ounces 0.7 hours 0.7 hours 15.00 per hour 9.90 $ 2.00 per hour s 1.32 The company reported the following results concerning this product in February Originally budgeted outpat Actual output Raw matezials used in production Actual direct labor-hours Purchases of raw materials Aceual price of rav naterials Actual direct labor rate Actual variable overhead rate 5, 100 unita 6,000 units 33, 400 ounces 2,060 hours 35,800 ounces s 47.10 per ounce 37.60 per hour $ 5.60 per hour The company applies varisble overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overheed efficiency variance for Februery is Mutiple Choice Pre of 3 Next> es....docx 2 3 4 6