Vloer Corporation has a standard cost system in which it appiles 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 9,500 MHS Actual level of activity 9,700 MHS Standard variable manufacturing overhead rate $8.20 per MH Actual total variable manufacturing overhead $76,800 What was the variable overhead tate variance for the month? Multiple choice $1416 Favorable 54640 Urtable SLOO Favorabile 52.740 favorable