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 8,900 mhs actual level of activity 9,100 mhs standard variable manufacturing overhead rate $ 7.60 per mh actual total variable manufacturing overhead $ 66,600 what was the variable overhead rate variance for the month?

A. economic resources to be used or turned into cash within one year. b. reports assets, liabilities, and stockholders' equity. c. decrease assets; increase liabilities and stockholders' equity. d. increase assets; decrease liabilities and stockholders' equity. e. an exchange or event that has a direct and measurable financial effect. f. accounts for a business separate from its owners. g. the principle that assets should be recorded at their original cost to the company. h. a standardized format used to accumulate data about each item reported on financial statements. i. the basic accounting equation. j. the two equalities in accounting that aid in providing accuracy. k. the account credited when money is borrowed from a bank using a promissory note. l. cumulative earnings of a company that have not yet been distributed to the owners. m. every transaction has at least two effects. n. amounts presently owed by the business. transaction, separate entity assumption, balance sheet, liabilities, assets, current assets, notes payable, duality of effects, retained earnings, debit.