Bonita Corporation accumulates the following data relative to jobs started and funished during the month of June 2022. Overhead is applied on the basis of standard machine hours. Three hours of machine time are required for each direct labor hour. The jobs were sold for $450,000. Selling and administrative expenses were $44,300. Assume that the amount of ranw materials purchased equaled the amount used. (1) Compute the total overhead variance. Total overhead variance Bonita Corporation accumulates the following data relative to jobs started and funished during the month of June 2022. Overhead is applied on the basis of standard machine hours. Three hours of machine time are required for each direct labor hour. The jobs were sold for $450,000. Selling and administrative expenses were $44,300. Assume that the amount of ranw materials purchased equaled the amount used. (1) Compute the total overhead variance. Total overhead variance