Termeer Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. 
The company has reported the following actual results for the product for August:
The variable overhead rate variance for the month is closest to:
Definitions:
Skewness
A measure of the asymmetry of the probability distribution of a real-valued random variable, indicating how much the distribution leans to the left or right of the mean.
Distribution
The process of making a product or service available for use or consumption by a consumer or business user.
Effective Annual Rate
The real return on an investment, considering the effect of compounding interest over a period, typically one year.
Monthly Return
The investment profit or loss during a one-month period, often used to assess performance.
Q82: Which of the following would be considered
Q104: Schriever Corporation is an oil well service
Q112: Brummer Corporation makes a product whose variable
Q125: Use the following information to prepare 1)
Q154: Ruozzo Corporation is a service company that
Q157: If beginning capital was $100,000, ending capital
Q168: Which of the following would not be
Q172: Worsell Inc. reported the following results from
Q390: Mandalay Hotel bases its budgets on guest-days.
Q401: Tennies Clinic uses client-visits as its measure