Majer corporation makes a product with the following standard costs: standard quantity or hours standard price or rate standard cost per unit direct materials 6.5 ounces $ 3.00 per ounce $ 19.50 direct labor 0.5 hours $ 10.00 per hour $ 5.00 variable overhead 0.5 hours $ 3.00 per hour $ 1.50 the company reported the following results concerning this product in february. originally budgeted output 5,600 units actual output 5,200 units raw materials used in production 31,100 ounces actual direct labor-hours 2,010 hours purchases of raw materials 33,500 ounces actual price of raw materials $ 122.90 per ounce actual direct labor rate $ 132.40 per hour actual variable overhead rate $ 2.10 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 rate variance for february is:

$1,770

Explanation:

Given that,

budgeted output = 5,600 units

Actual output = 5,200

units Raw materials used in production = 31,100 ounces

Actual direct labor-hours = 2,010 hours

Purchases of raw materials = 33,500 ounces

Actual hours = 2,010 hours

Standard Rate = $3.00 per hour

Standard Hours = Actual output × Standard hour per unit of output

                           = 5,200 × 0.5 hours

                           = 2600 hours

Variable overhead efficiency Variance:

= (Standard hours - Actual hours) × Standard Rate  

= (2600 hours - 2,010 hours) × $3.00 per hour

= $1,770

answer; (inseparability);

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;