Bluecap Company uses a standard cost system and flexible budgets for control purposes. The following budgeted information pertains to 2021 During 2021. Bluecap worked 28,000 DLHs and manufactured 9,600 units. The actual factory overhead cost for the year was $14,000 greater than the flexible budget amount for the units produced, of which $6,000 was due to flixed factory overhead. In preparing a budget for 2022 Bluecap decided to raise the level of operation to 90% of capacity (a level it considers to be "practical capacity). to manufacture 9.000 units at a budgeted total of 27,000 Du.Hs. The total overhead varrance in 2021 for Bluecap Company was: $37,840 unfavorable. $14,000 unfavorable. $15,040 favorable. $17,280 favorable. $37,840 favorable