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 5.30 direct labor-hours $11.66 per direct Standard variable overhead rate labor hour The following data pertain to operations for the last month Actual direct labor-hours Actual total variable manufacturing overhead cost Actual output What is the variable overhead rate variance for the month? 8,800 direct labor hours $ 96,000 1,500 units UVODNE GUT VERY STORY Multiple Choice $6,889 Unfavorable O $6,889 Favorable $6,608 Unfavorable O $6,608 Favorable Prey