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You have been given the following information about the production of Pharoah Co, and are asked to provide the factory manager with information for a meeting with the vice-president of operations Standard Cost Card $17.68 205 Direct materials (5 20 kg at $3.40 per kilogram) Direct labour (0.50 hours at $4.10) Variable overhead (0.50 hours at $3.40 per hour) Fixed overhead (0.50 hours at $6.00 per hour) 1.70 3.00 $24.43 The following is a production report for the most recent period of operations: Total Standard Cost Variances Spending Quantity/ Budget Efficiency $9.588 0 Costs Price/Rate Volume Direct materials 5332 384 $5.029 F 38.540 2685 5.494 U Direct labour Variable overhead 2 $1300 F 31.960 400 F $11.820U 56.400 Fixed overhead MacBook Air What was the actual variable overhead cost incurred during the period? Actual variable overhead $