Majer Corporation makes a product with the following standard costs: Direct materials Standard Quantity or Hours 6.4 ounces 0.6 hours Standard Price or Rate $ 3.00 per ounce $ 16.00 per hour Direct labor Variable overhead 0.6 hours $ 3.00 per hour The company reported the following results concerning this product in February. Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials Actual direct labor rate 4,400 units 5,500 units 30,700 ounces 1,790 hours 34,600 ounces $ 117.10 per ounce $ 107.60 per hour Standard Cost Per Unit $ 19.20 $ 9.60 $ 1.80 Actual variable overhead rate $ 6.30 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 quantity variance for February is: