Daffodil Company reported the following results from last year’s operations:Units produced — 100,000Direct labour — 160,000 hours @ $12/hourActual variable overhead — $1,300,000The company employs a standard costing system. During the year, a variable overhead rate of $8 per hour was used. The labour standard requires 1. 5 hours per unit produced.Refer to Daffodil Company. What is the variable overhead spending variance?