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 7,800 MHs 8,000 MHs $ 6.50 per MH $49,770 What was the variable overhead rate variance for the month? Multiple Choice $1,435 Favorable $2,230 Favorable $930 Favorable $1,300 Unfavorable