Majer Corporation makes a product with the following standard costs:

	Standard Quantity or Hours		Standard Price or Rate		Standard Cost Per Unit
Direct materials	2.0	ounces	$ 7.00	per ounce	$ 14.00
Direct labor	0.8	hours	$ 13.00	per hour	$ 10.40
Variable overhead	0.8	hours	$ 5.50	per hour	$ 4.40

The company reported the following results concerning this product in February.

Originally budgeted output	7,200	units
Actual output	7,000	units
Raw materials used in production	10,800	ounces
Actual direct labor-hours	5,800	hours
Purchases of raw materials	12,400	ounces
Actual price of raw materials	$ 6.75	per ounce
Actual direct labor rate	$ 14.40	per hour
Actual variable overhead rate	$ 5.90	per 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 materials price variance for February is:

Standard Cost Per Standard Quantity or Hours Standard Price or Rate Unit Direct materials 2.0 ounces Direct labor 0.8 hours. $7.00 per ounce $ 13.00 per hour $5.50 per hour $14.00 $10.40 $4.40 Variable overhead 0.8 hours. The company reported the following results concerning this product in February. Originally budgeted output 7,200 units Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials 7,000 units 10,800 ounces 5,800 hours 12,400 ounces $ 6.75 per ounce $14.40 per hour. $5.90 per hour Actual price of raw materials Actual direct labor rate 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 materials price variance for February is: Multiple Choice $25,100 U $25,100 F $3,100 F $3,100 U