A company applies overhead using machine hours and shows the following information. Compute the variable overhead variance. Actual hours of machine use 10,200 hours Standard hours of machine use (for actual production) 10,800 hours Actual variable overhead rate per machine hours $4.55 Standard variable overhead rate per machine hour $4.40

Multiple Choice $2,730U. $1,110U. $1,110F. $4,260F. $4,260U.