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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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