A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. Standard hours per unit of output Standard variable overhead 3.20 DLHs $10.55 per DLH rate The following data pertain to operations for the last month: $ Actual direct labor-hours Actual total variable manufacturing overhead cost Actual output 9,400 DLHS 95,780 2,700 units What is the variable overhead efficiency variance for the month? Multiple Choice $8.018 U $7.573U Next >