A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. Standard hours per unit of output 3.30 direct labor-hours Standard variable overhead rate $10.65 per direct labor-hour The following data pertain to operations for the last month: Actual direct labor-hours 9,300 direct labor-hours Actual total variable manufacturing overhead cost $ 95,790 Actual output 2,600 units What is the variable overhead rate variance for the month