Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Standard Cost Per Direct materials Direct labor Variable overhead Rate $ 3.00 per ounce s 16.00 per hour $ 3.00 per hour Unit 6.4 ounces 1.0 hours 1.0 hours 19.20 16.00 3.00 The company reported the following results concerning this product in February Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials Actual direct labor rate Actual variable overhead rate 4,400 units 5, 500 units 30,700 ounces 2, 130 hours 33, 100 ounces $ 117.10 per ounce $107.60 per hour s 6.30 per hour aterials purchases variance is computed when the materials are purchased he company applies variable overhead on the basis of direct labor-hours. The direct m The variable overhead efficiency variance for February is