Majer Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 3.0 ounces 0.6 hours 0.6 hours Standard Price or Rate $ 7.50 per ounce $ 13.50 per hour $ 6.00 per hour Standard Cost Per Unit $ 22.50 $ 8.10 $ 3.60 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 7,600 units 7,400 units 22,040 ounces 4,640 hours 23,640 ounces $ 7.25 per ounce $ 12.10 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 materials price variance for February is: Multiple Choice $5,910 U $6,710 U $5,910 F $6,710 F