ABC Inc. spent a total of $50,720 on factory overhead, Of this, $30,000 was fixed overhead. ABC Inc, had budgeted $29,000 for fixed overhead. Actual machine hou were 4,800. Standard hours for units made were 4,600. The standard variable overhead rate was $4.40. What is the variable overheod rate variance? Enter the amount as positive number. Variabie overhead rate variance