Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours 6.4 ounces 0.6 hours 0.6 hours Direct materials Direct labor Variable overhead Standard Cost Per Unit $12.80 $ 9.60 $ 1.20 Standard Price or Rate $ 2.00 per ounce $ 16.00 per hour $ 2.00 per hour The company reported the following results concerning this product in February Originally budgeted output 5,700 units Actual output 5, 100 units Raw materials used in production 31,000 ounces Actual direct labor-hours 7,980 hours Purchases of raw materials 33, 400 ounces Actual price of raw materials $112.90 per ounce Actual direct labor rate $122.40 per hour Actual variable overhead rate $ 5.00 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 0 0 $3,217 U 0 O $3,217 F 0 O $3,280 F 0 0 $3,280 U