Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level of activity Actual level of activity Standard variable manufacturing overhead rate Actual total variable manufacturing overhead What was the variable overhead rate variance for the month? 7,900 M 8,100 $ 6.60 per MH $ 51,200 Multiple Choice. $2,260 Favorable $940 Favorable $1,320 Unfavorable