A manufacturing company that has only one product has established the following standards for its variable manufacturing company. Variable manufacturing overhead standards are based on machine hours.

Standard hours per unit of output 3.80 machine hours

Standard variable overhead rate $11.15 per machine hour

The following data pertain to operations for the last month:

Actual hours 8700 machine hours

Actual variable manufacturing overhead cost $95840

Actual output 2100 units

What is the variable overhead rate variance for the month?

a.) 1446F

b.) 1446U

c.) 1165F

d.) 1165U

PLEASE SHOW ALL WORK