Assume the following information appears in the standard cost card for an enterprise that makes only one product Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours 5 pounds 2 hours 2 hours Standard Price or Rate $11.00 per pound $17.00 per hour $ 3.00 per hour Standard Cont $55.00 $34.00 $ 6.00 During the most recent period, the following additional information was available: 20.000 pounds of material was purchased at a cost of $10.50 per pound. All of the material that was purchased was used to produce 3,900 units. 8.000 direct labor-hours were recorded at a total cost of $132,000 . The actual variable overhead cost incurred during the period was $25,000 Assuming an enterprise uses direct labor-hours to compute its predetermined overhead rate, what is the variable overhead spending variance? Multiple Choice $1,600 F $1,600 U Multiple Choice $1,600 F $1,600 U O $1,000 U O O $1,000 F