Majer Corporation makes a product with the following standard costs:

Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials6.4ounces$3.00per ounce$19.20Direct labor0.4hours$13.00per hour$5.20Variable overhead0.4hours$5.00per hour$2.00

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

Originally budgeted output4,800unitsActual output4,900unitsRaw materials used in production30,230ouncesActual direct labor-hours1,910hoursPurchases of raw materials32,600ouncesActual price of raw materials$2.90per ounceActual direct labor rate$12.40per hourActual variable overhead rate$4.90per 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 efficiency variance for February is: