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. 5.00 DLHS Standard hours per unit of output Standard variable overhead rate $11.63 per DLH The following data pertain to operations for the last month: Actual direct labor-hours Actual total variable manufacturing overhead cost Actual output 8,500 DLHS $95,970 1,600 units What is the variable overhead rate variance for the month? Multiple Choice $3,166 U Actual direct labor-hours Actual total variable manufacturing overhead cost Actual output 8,500 DLHS $95,970 1,600 units What is the variable overhead rate variance for the month? 117 Multiple Choice $3,166 U $2,885 U $3.166 F $2.885 F