Data for the Rock Company are as follows:
Budgeted Amounts:
Machine Hours - 25 hours per unit
Variable Overhead Rate - $.25 (25 cents) per machine hour
Fixed Overhead - $800,000
Output - 8,000 units
Actual amounts:
Variable overhead - $58,000
Fixed overhead - $810,000
Machine hours worked - 220,000
Actual output - 9,000 Units
Budgeted machine hours per unit are used to allocate variable and fixed manufacturing overhead and a four-way variance analysis is used. What is the variable overhead spending variance?