ABC Company has set the following standards in order to produce one unit of its single product: standard quantity standard price direct materials 2.7 yards ?? per yard direct labor 2 hours $14 per hour variable overhead 2 hours ?? per hour During August, ABC Company spent $133,770 to purchase direct materials and had direct labor totaling $189,440. During August, ABC Company used 16,000 yards of direct materials in the production of units. ABC had 2,500 yards of materials in its August 1 direct material inventory and had 1,200 yards yards remaining in its direct materials inventory at August 31. ABC Company reported the following variances for August: Direct material price variance .............. $12,495 unfavorable Direct labor rate variance .................. $24,240 unfavorable Total direct labor variance ................. $6,560 favorable Variable overhead spending variance ......... $1,900 unfavorable Variable overhead efficiency variance ....... $20,900 favorable Calculate ABC Company's actual variable overhead cost for August.