Majer Corporation makes a product with the following standard costs:

TB MC Qu. 10-154 Majer Corporation makes a product with ... Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours 6.4 ounces 0.7 hours 0.7 hours Direct materials Direct labor Variable overhead Standard Cost Per Unit $19.20 $13.30 $ 2.10 Standard Price or Rate $ 3.00 per ounce $ 19.00 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 4,700 units 5,200 units 30,400 ounces 2,100 hours 34,300 oun unces $ 87.10 per ounce $ 77.60 per hour 6.00 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 variable overhead efficiency variance for February is: Multiple Choice $4,620 U $4,570 F $4,620 F $4,570 U