Majer Corporation makes a product with the following standard costs: 15 8 01:12:05 Standard Quantity or Hours Standard Price or Rate Direct materials 6.6 ounces $ 2.00 per ounce Direct labor 0.7 hours $ 17.00 per hour Variable overhead 0.7 hours $ 2.00 per hour The company reported the following results concerning this product in February Standard Cost Per Unit $ 13.20 $ 11.90 $ 1.40 eBook 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 4,500 units 5, 400 units 30, 600 ounces 1,800 hours 33,000 ounces $ 107.10 per ounce $ 97.60 per hour $ 6.20 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: Multiple Choice O $10,017 U $10,080 U $10,017 F $10,080 F