FCC Company applies overhead using machine hours and reports the following information. Overhead Data Amounts Actual machine hours used (AH) 5,339 hrs. Standard machine hours (for actual production) (SH) 5,469 hrs. Actual overhead rate per machine hour (AVR) $4.50 Standard overhead rate per machine hour (SVR) $4.75 Compute the total variable overhead variance using the above information. Do not use positive or negative for the variances. Note whether the total variable overhead variance is favorable or unfavorable in the next question.