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The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 3.30

The following standards for variable manufacturing overhead have been established for a company that makes only one product:

Standard hours per unit of output 3.30 hours
Standard variable overhead rate $10.65 per hour

The following data pertain to operations for the last month:

Actual hours 9,300 hours
Actual total labor cost $95,790
Actual output 2,600 units

What is the variable overhead rate variance for the month?

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