Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours 6.5 ounces 0.5 hours 0.5 hours Direct materials Direct labor Variable overhead Standard Cost Per Unit $19.50 $ 5.00 $ 1.50 Standard Price or Rate $ 3.00 per ounce $ 10.00 per hour $ 3.00 per hour 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 5,600 units 5,200 units 31,100 ounces 2,010 hours 32,100 ounces $ 122.90 per ounce $ 132.40 per hour $ 5.10 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 efficiency variance for February is