Use the information provided below to calculate the following variance. state whether the variance is favourable or unfavourable.

Variable manufacturing overheads expenditure variance

INFORMATION Royal Ltd uses the standard costing system. The standards and actual information for May 2022 for the only product that it manufactures are as follows:

standards
Direct materials	4kg @ $7 per kg
Direct labour	5 hours @ $60 per hour
Variable manufacturing overheads	$12 per labour hour
Normal production	12 000 units per month

Actual information for May 2022:
Direct materials used	43 000kg @ $7.50 per kg
Direct labour	56 000 hours @ $58 per hour
Variable manufacturing overheads	$649 600
Production	11 000 units manufactured