A company uses the following standard costs to produce a single unit of output. Direct materials Direct labor Manufacturing overhead 5 pounds at $0.60 per pound 0.30 hour at $8.00 per hour 0.30 hour at $3.30 per hour $ 3.00 $ 2.40 $0.99 During the latest month, the company purchased and used 48,000 pounds of direct materials at a price of $0.9 per pound to produce 10,000 units of output Direct labor costs for the month totaled $20,672 based on 2.720 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $5,900 and fixed manufacturing overhead incurred was $19,000. Based on this information, the direct labor rate variance for the month was