Dirickson Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.

Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate

Direct materials 7.6ounces $ 9.40 per ounce

Direct labor 0.10 hours $ 18.00 per hour

Variable manufacturing overhead 0.10 hours $ 5.30per hour

The company has reported the following actual results for the product for July:

Actual output 7,600 units

Raw materials purchased 63,000 ounces

Actual cost of raw materials purchased$ 541,800

Raw materials used in production 57,750 ounces

Actual direct labor-hours 820 hours

Actual direct labor cost$ 16,072

Actual variable overhead cost$ 4,592

The labor rate variance for the month is closest to: