Beverly Company has determined a standard variable overhead rate of $3.30 per direct labor hour and expects to incur 050 labor hour per unit produced. Last month, Beverly incurred 1,350 actual direct labor hours in the production of 2,800 units. The company has also determined that its actual variable overhead rate is $240 per direct labor hour Calculate the variable overhead rate and efficiency variances as well as the total amount of over or underapplied variable overhead (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Variable Overhead Rate Variance Variable Overhead Efficiency Variance Over- or Underapplied Variable Overhead