Redel Inc. has the following results for the current period Fixed overhead is applied at $12 per direct labour hour. Variable overhead is applied at $27.50 per DLH. The standard hours per unit is 2 direct labour hours. Actual variable overhead was $346466. Which of the following amounts represents the variable overhead spending variance? (a negative number implies an unfavourable variance) Select one: -1961801.50 3392812.50 -3392812.50 1961801.50