Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours Direct materials Standard Price or Rate 13.00 per ounce 2.0ounces Standard Cost Per U $ 26.0 Direct labor 0.8hours $ 19.00per hour $ 15.20 Valable overhead 0.8hours The company reported the following results concerning this product in February. 11.50per hour 9.20 Originally budgeted output Actual output 12,000 units 11.800 units Actual direct labor-hours Raw matus purchased and used in production Actual prof raw materials Actual direct labor rate Actual variable overhead rate 9640 hours 19,600 ounces 12.75 per ounce 19.20 per hour 10.70 per hour The materials price variance for February is: $4900 U S4900 F $77.300 u $77 200 F