Majer Corporation makes a product with the following standard costs:

	Standard Quantity or Hours			Standard Price or Rate			Standard Cost Per Unit
Direct materials		3.0	ounces	$	12.50	per ounce	$	37.50
Direct labor		0.7	hours	$	18.50	per hour	$	12.95
Variable overhead		0.7	hours	$	11.00	per hour	$	7.70

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

Originally budgeted output		11,600	units
Actual output		11,400	units
Raw materials used in production		33,640	ounces
Actual direct labor-hours		8,180	hours
Purchases of raw materials		35,240	ounces
Actual price of raw materials	$	12.25	per ounce
Actual direct labor rate	$	16.95	per hour
Actual variable overhead rate	$	9.20	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 price variance for February is:

Multiple Choice

• $15,410 U

• $15,410 F

• $8,810 F

• $8,810 U