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 3.40 direct labor-hours Standard variable overhead rate $10.75 per direct labor-hour The following data pertain to operations for the last month: 9,200 direct Actual direct labor-hours labor-hours Actual total variable manufacturing overhead cost $ 95,800 Actual output 2,500 units What is the variable overhead efficiency variance for the month? Multiple Choice $3,952 Unfavorable $7,525 Unfavorable O $7433 Favorable $7,433 Unfavorable