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 4,600 units 5,300 units 30,500 ounces 2,110 hours 32,900 ounces $ 97.10 per ounce $ 87.60 per hour $ 6.10 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: 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 4,600 units 5,300 units 30,500 ounces 2,110 hours 32,900 ounces $ 97.10 per ounce $ 87.60 per hour $ 6.10 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