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TB MC Qu. 10-155 (Algo) Majer Corporation makes a product with ... Majer Corporation makes a product with the following standard costs: The company reported the following results concerning this product in February. The company applies variable overhead on the basis of direct labor-hours. The direct materiali purchases variance is computed when the materials are purchased. The variable overhead rate variance for February is: TE MC Qu. 10-155 (Algo) Majer Corporation makes a product with ... Majer Corporation makes a product with the following standard costs: The company reported the following results concerning this product in February. Multiple Choice $1,365U $1,370F $1,365F $1,370