12 Wedding Corporation applies manufacturing overhead to products on the basis of standard machine hours. For the most recent month, the company based its budget on 4.700 machine hours. Budgeted and actual overhead costs for the month appear below. Original budget Based on 4,700 Machine-Hours 0.33 pon Actual conta $ 11,680 41,900 $ 12.90 42,800 Variable overhead costs Supplies Indirect labor Pixed overhead conta Supervision Utilities Factory depreciation Total overhead cost 20,460 6,980 20,000 7.000 0.000 $ 39,380 6,310 $ 91,460 The company actually worked 4.740 machine hours during the month. The standard hours allowed for the actual output were 4.730 machine hours for the month What was the overall variable overhead efficiency variance for the month? Multiple Choice $200 Favorable