A company uses a standard costing system. At the end of the current year, the company provides the following overhead information:Actual overhead incurred:Variable$90,000Fixed62,000Budgeted fixed overhead65,000Variable overhead rate (per direct labor hour) 8Standard hours allowed for actual production12,000Actual labor hours used11,000What amount is the variable overhead efficiency variance? $8,000 favorable. $2,000 unfavorable. $8,000 unfavorable. $6,000 favorable