TB MC Qu$.9-290($Algo$)$ Milar Corporation makes a product with...

Milar Corporation makes a product with the following standard costs:

$\backslash$table$[[,$Standard Quantity or Hours,Standard Price or Rate$],[$Direct materials,$9\mathrm{.}0$ pounds,$$8\mathrm{.}50$ per pound$],[$Direct labor,$0\mathrm{.}8$ hours,$$30\mathrm{.}00$ per hour$],[$Variable overhead,$0\mathrm{.}8$ hours,$$14\mathrm{.}00$ per hour$]]$

In January the company produced $3,410$ units using $13,640$ pounds of the direct material and $2,848$ direct labor$-$hours. During the month, the company purchased $16\mathrm{.}900$ pounds of the direct material at a cost of $$14,400.$ The actual direct labor cost was $$85,030$ and the actual variable overhead cost was $$38,220.$

The company applies variable overhead on the basis of direct labor$-$hours. The direct materials purchases variance is computed when the materials are purchased. The labor rate variance for January is: