Requirement 1.

Majer Corporation makes a product with the following standard costs:

	Standard Quantity or Hours			Standard Price or Rate			Standard Cost Per Unit
Direct materials		6.6	ounces	$	4.00	per ounce	$	26.40
Direct labor		0.6	hours	$	13.00	per hour	$	7.80
Variable overhead		0.6	hours	$	4.00	per hour	$	2.40

The company reported the following results concerning this product in February.

Originally budgeted output		5,200	units
Actual output		4,800	units
Raw materials used in production		30,300	ounces
Actual direct labor-hours		7,910	hours
Purchases of raw materials		31,300	ounces
Actual price of raw materials	$	42.90	per ounce
Actual direct labor rate	$	52.40	per hour
Actual variable overhead rate	$	4.30	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 materials quantity variance for February is: