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The following data is given for the Harry Company: Budgeted production 1,049 units Actual production 928 units Materials: Standard price per ounce $1.974 Standard ounces

The following data is given for the Harry Company:

Budgeted production 1,049 units
Actual production 928 units
Materials:
Standard price per ounce $1.974
Standard ounces per completed unit 11
Actual ounces purchased and used in production 10,514
Actual price paid for materials $21,554
Labor:
Standard hourly labor rate $14.32 per hour
Standard hours allowed per completed unit 4.3
Actual labor hours worked 4,779
Actual total labor costs $77,659
Overhead:
Actual and budgeted fixed overhead $1,073,000
Standard variable overhead rate $28.00 per standard labor hour
Actual variable overhead costs $133,812
Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.)

The direct labor rate variance is

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