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 4.00 direct labor-hours Standard variable overhead rate $11.35 per direct labor-hour The following data pertain to operations for the last month: What is the variable overhead rate variance for the month? $2,885 Favorable $3,166 Unfavorable $3,166 Favorable $2,885 Unfavorable