A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on machine-hours. 
The following data pertain to operations for the last month: 
-What is the variable overhead rate variance for the month?
Definitions:
Research Hypotheses
Proposed explanations made on the basis of limited evidence as starting points for further investigation into the relationships between variables.
Independent Variable
The independent variable is a variable in an experiment or model that is manipulated or changed to observe its effects on a dependent variable.
Distribution
Refers to how values in a data set are spread or dispersed, indicating the frequency of each value or range of values.
Pie Chart
Figure that uses a circle divided into proportions to represent the percentage of the sample corresponding to each value of a variable.
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