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 $6\mathrm{.}5$ pounds $ $1\mathrm{.}30$ per pound $ $8\mathrm{.}45$

Direct labor $0\mathrm{.}4$ hours $ $40\mathrm{.}50$ per hour $ $16\mathrm{.}20$

Variable manufacturing overhead $0\mathrm{.}4$ hours $ $9\mathrm{.}20$ per hour $ $3\mathrm{.}68$

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

The company produced $3,100$ units during the month.

A total of $20,100$ pounds of material were purchased at a cost of $$14,280.$

There was no beginning inventory of materials on hand to start the month; at the end of the month, $4,320$ pounds of material remained in the warehouse.

During March, $1,160$ direct labor$-$hours were worked at a rate of $$37\mathrm{.}50$ per hour.

Variable manufacturing overhead costs during March totaled $$14,761.$

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

The variable overhead rate variance for March is: