Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine hours (M1). The company has provided the following data for the most recent month: Budgeted level of activity 7,700 machine-hours Actual level of activity 7,900 machine-hours Standard variable manufacturing overhead rate $6.40 per machine-hour Actual total variable manufacturing overhead $48,360 What was the variable overhead rate variance for the month? . Multiple Choice $1.436 Favorable $2.200 Favorable $920 Favorable con 33 of 50!! Next >