Remaining Time: 2 hours, 22 minutes, 39 seconds. QUESTION COMPLETION STATUS: westion 22 1 points SAVE A Racoon Manufacturing uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 5,000 units monthly. Overhead costs were estimated to be $250,000. The standard variable overhead rate is $5 per machine hour. During October, the followir results were recorded: 4,900 4,600 Units produced Units sold Machine hours required Actual overhead cost 20,500 $248,000 The combined fixed and variable overhead spending variance was: O a. $4,500 U O b. $4,500 F O c. $2.000 F 0 d. $1,000 0 us