Majer Corporation makes a product with the following standard costs: Standard Cost Per Unit $19.20 $ 5.20 $ 2.00 Standard Quantity Standard Price or or Hours Rate 6.4 ounces $ 3.00 per ounce 0.4 hours $13.00 per hour 0.4 hours $ 5.00 per hour Direct materials Direct labor Variable overhead 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 Actual variable overhead rate 4,800 units 4,900 units 30, 230 ounces 1,910 hours 32,600 ounces 2.90 per ounce 12.40 per hour 4.90 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 labor efficiency variance for February is