Saved TB MC Qu. 10-34 (Static) The following standards for variable... The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 3.5 hours Standard variable overhead rate $15. 20 per hour The following data pertain to operations for the last month: Actual hours 3,800 hours Actual total variable manufacturing overhead cost $59, 090 Actual output 800 units What is the variable overhead efficiency variance for the month? Multiple Choice $15,550 U O $15,200 U O $16,530 U $980 F