Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 18 hours at $26 per hour. During February, Jupiter Co. spent $271,400 for variable overhead. 9,850 labor hours were used to produce 1,000 units. What is the variable overhead rate variance? Multiple Choice $15,300 unfavorable O $22,950 favorable O $7,650 favorable $15,300 favorable