Majer Corporation makes a product with the following standard costs: Standard Quantity or Standard Price or Standard Cost Hours Rate Per Unit Direct materiale 6.5 ounces $ 3.00 per ounce $ 19.50 Direct labor 0.7 hours $ 12.00 per hour $ 8.40 Variable overhead 0.7 hours $ 3.00 per hour $ 2.10 The company reported the following results concerning this product in February originally budgeted output 5,100 units Actual output 5,200 units Raw materials used in production 30, 200 ounces Actual direct labor-hours 1,920 hours Purchases of raw materials 32,600 ounces Actual price of raw materials $32.90 per ounce Actual direct labor rate $42.40 per hour Actual variable overhead rate $ 4.20 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 variable overhead efficiency variance for February is