26 Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level of activity Actual level of activity Standard variable manufacturing overhead rate Actual total variable manufacturing overhead 8,400 MHS 8,600 MHS $7.10 per MH $58,650 8 02:14.51 What was the variable overhead rate variance for the month? Multiple Choice $1,427 Favorable $1,420 Unfavorable O $990 Favorable O $2,410 Favorable