All. LO 8.4 Reddy Corporation has collected the following data for the month of June: Actual total factory overhead incurred $61,250 Budgeted fixed factory overhead costs $42,000 Activity level, in direct labor hours 15,000 Actual direct labor hours 18,000 Standard hours for output this period 17,000 Total factory overhead rate $ 4.35 What is the variable overhead efficiency variance? PA12. LO 8.4 ABC Inc. spent a total of $48,000 on factory overhead. Of this, $28,000 was fixed overhead. ABC Inc. had budgeted $27,000 for fixed overhead. Actual machine hours were 5,000. Standard hours for units made were 4,800. The standard variable overhead rate was $4.10. What is the variable overhead rate variance? 5,000 x $4.10 $20,500