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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

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 8,800 MHs
Actual level of activity 9,000 MHs
Standard variable manufacturing overhead rate $ 7.50 per MH
Actual total variable manufacturing overhead $ 64,970

What was the variable overhead rate variance for the month?

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