Schultz, Incorporated bases variable manufacturing overhead on direct labor hours. Below are the companys manufacturing overhead standards:

Standard hours per unit	Standard rate per hour
2.5	$6

During the current period, Schultz produced 3500 units of product, using 9,200 labor hours. Total variable manufacturing overhead for the period was $52,400. Schultzs variable manufacturing overhead rate variance and efficiency variance for the period are closest to:

a.

Variable Manufacturing Overhead Rate Variance			Variable Manufacturing Overhead Efficiency Variance
$	2,800 U		$	2,700 U

b.

Variable Manufacturing Overhead Rate Variance			Variable Manufacturing Overhead Efficiency Variance
$	2,800 F		$	2,700 F

c.

Variable Manufacturing Overhead Rate Variance			Variable Manufacturing Overhead Efficiency Variance
$	2,800 U		$	2,700 F

d.

Variable Manufacturing Overhead Rate Variance			Variable Manufacturing Overhead Efficiency Variance
$	2,800 F		$	2,700 U