2 12 Assume the following The variable portion of the predetermined overhead rate is $2.20 per direct labor-hour The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 44,000 hours The total actual variable manufacturing overhead cost for the period was $63,000. The company produced 15,000 units of finished goods during the period. 04-02 What is the variable overhead efficiency variance? Muple Choice O O O $2,200 U $2,200 F $23310 $2331F 2 11 Assume the following: The variable portion of the predetermined overhead rate is $1.50 per direct labor-hour The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 43,300 hours. The total actual variable manufacturing overhead cost for the period was $63,000. The company produced 15,000 units of finished goods during the period 2004 What is the variable overhead rate variance? Muple Choice O O O $1950 F $1950 U $4.500 $4,500 F