62 Merle Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 4,000 machine-hours, Budgeted and actual overhead costs for the month appear below Original Budget Based on 4,000 Actual Machine Hours Cost Variable overhead costs Supplies $14,000 $13,150 Indirect labor27,200 14,390 Fixed overhead posts: Supervision 10,000 19,540 Utilities 6.700 H.300 Factory 8.800 2,020 depreciation Total overhead cost 74,000 $70,000 The company actually worked 3,600 machine-hours during the month. The standard hours allowed were 3.620 machine-hours for the month. What was the overall variable overhead officiency variance for the month? 1 O A. $721 Unfavorable Mwan/ O B. $254 Unfavorable one O c. $467 Favorable OD 5880 Favorable