Puvo, Incorporated, manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. The company uses a standard cost system and has established the following standards for one unit of product:

	Standard Quantity		Standard Price or Rate		Standard Cost
Direct materials	7.5	pounds	$ .80	per pound	$ 6.00
Direct labor	0.7	hours	$ 50.50	per hour	$ 35.35
Variable manufacturing overhead	0.7	hours	$ 10.20	per hour	$ 7.14

During March, the following activity was recorded by the company:

• The company produced 4,100 units during the month.
• A total of 21,100 pounds of material were purchased at a cost of $15,280.
• There was no beginning inventory of materials on hand to start the month; at the end of the month, 5,320 pounds of material remained in the warehouse.
• During March, 1,260 direct labor-hours were worked at a rate of $47.50 per hour.
• Variable manufacturing overhead costs during March totaled $15,761.

The direct materials purchases variance is computed when the materials are purchased.

The variable overhead rate variance for March is: