Using Activity-Based Costing Albany Inc. uses activity based costing to allocate variable manufacturing overhead costs to products. One of the activities used to allocate these costs is product testing. The standard rate is \($15\) per test hour. The cost for this activity during June totaled \($2,000,\) and actual test time during June totaled 120 hours. Calculate the spending variance for this activity for the month of June, and clearly label whether the variance is favorable or unfavorable.