Majer Corporation makes a product with the following standard costs:

	Standard Quantity or Hours			Standard Price or Rate			Standard Cost Per Unit
Direct materials		6.6	ounces	$	2.00	per ounce	$	13.20
Direct labor		0.9	hours	$	17.00	per hour	$	15.30
Variable overhead		0.9	hours	$	2.00	per hour	$	1.80

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

Originally budgeted output		4,500	units
Actual output		5,400	units
Raw materials used in production		30,600	ounces
Actual direct labor-hours		2,120	hours
Purchases of raw materials		33,000	ounces
Actual price of raw materials	$	107.10	per ounce
Actual direct labor rate	$	97.60	per hour
Actual variable overhead rate	$	1.40	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 rate variance for February is: