Majer Corporation makes a product with the following standard costs:

	Standard Quantity or Hours			Standard Price or Rate			Standard Cost Per Unit
Direct materials		6.4	ounces	$	3.00	per ounce	$	19.20
Direct labor		1.0	hours	$	16.00	per hour	$	16.00
Variable overhead		1.0	hours	$	3.00	per hour	$	3.00

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

Originally budgeted output		4,400	units
Actual output		5,500	units
Raw materials used in production		30,700	ounces
Actual direct labor-hours		2,130	hours
Purchases of raw materials		33,100	ounces
Actual price of raw materials	$	117.10	per ounce
Actual direct labor rate	$	107.60	per hour
Actual variable overhead rate	$	2.50	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: