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Voarn, Inc. has budgeted the following costs for the manufacture of SDI, a component used in several of its products in 2021. Planned production 10,000

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Voarn, Inc. has budgeted the following costs for the manufacture of SDI, a component used in several of its products in 2021. Planned production 10,000 units of 3P1 Budgeted Direct Materials {per unit of 3P1) 2.5 ounces at $2.00 per ounce Budgeted Direct Labor [per unit of 3P1} 1.0 hours at $35.00 per hour Actual production 10,300 units of 3P1 Actual Direct Materials used {total} 30,000 at $2.04 per ounce Actual Direct Labor used {total} 11,500 hours at $35.0 per hour What is the direct labor rate variance? [Note this could be a positive number indicating an unfavorable variance or a negative number indicating a favorable variance.1 Round your answer to the nearest $1.00

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