A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. Variable manufacturing overhead standards are based on machine-hours. Standard hours per unit of output 3.00 Standard variable overhead rate $10.75 machine-hours per machine-hour The following data pertain to operations for the last month: machine- 9,600 Actual hours hours $95,760 Actual total variable manufacturing overhead cost 2,500 units Actual output Compute the variable overhead price variance for the month. Show work