25 Assume the following information appears in the standard cost card for a company that makes only one product Standard quantity standard Price or Hours Dr Rate Direet materials 5 pounds $11.00 per pound Direct labor 2 hours $17.00 per hour Variable manufacturing overhead 2 hours $ 4.10 per hour ass Standard Coat $55.00 $34.00 $ 8.20 During the most recent period, the following additional information was available: . 20,000 pounds of material was purchased at a cost of $10.50 per pound . All of the material that was purchased was used to produce 3.900 units 8.000 direct labor hours were recorded at a total cost of $132,000 . The actual variable overhead cost incurred during the period was $25.000 Assuming the company uses direct labor hours to compute its predetermined overhead rate, what is the variable overhead efficiency variance? Multiple Choice $845 F $820 $8200