ACME manufacturing is a low-cost producer of a single, commodity product: RGL-01. Standard overhead cost information for one unit of this product is presented below: Standard number of machine hours per unit produced 0.5 Standard variable overhead rate per machine hour $ 30.00 Budgeted fixed overhead (for the year) $ 300,000 Practical capacity, in units (annual basis) 10,000 Budgeted output for the coming year, in units 8,000 Normal capacity, in units (per year) 9,000 Actual production for the year (in units) 9,200 Actual overhead costs incurred during the year: Fixed overhead $ 288,000 Variable overhead $ 142,600 Actual number of machine hours per unit for work done this period 0.49 5. What is the Overhead Efficiency Variance (= Variable Overhead Efficiency Variance) for the year when the overhead application rate per machine hour is determined under each of the following options: (a) budgeted output, (b) normal capacity, and (c) practical capacity? Indicate whether each variance is favorable (F) or unfavorable (U).