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The following data are given for Harry Company: Budgeted production 1,066 units Actual production 927 units Materials: Standard price per ounce $1.892 Standard ounces per

The following data are given for Harry Company:

Budgeted production 1,066 units
Actual production 927 units
Materials:
Standard price per ounce $1.892
Standard ounces per completed unit 11
Actual ounces purchased and used in production 10,503
Actual price paid for materials $21,531
Labor:
Standard hourly labor rate $14.41 per hour
Standard hours allowed per completed unit 4.4
Actual labor hours worked 4,774
Actual total labor costs $77,578
Overhead:
Actual and budgeted fixed overhead $1,031,000
Standard variable overhead rate $28.00 per standard labor hour
Actual variable overhead costs $133,672
Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.)

The direct labor rate variance is

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