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 8,600 MHs 8,800 MHs $ 7.30 per MH $61,770 What was the variable overhead rate variance for the month? Multiple Choice $1,425 Favorable ) $1,010 Favorable $2,470 Favorable $1.460 Unfavorable