Cheerful Colors allocates manufacturing overhead based on direct labor hours. Each batch of crayons should require 1 direct labor hour. According to the static budget, the company expects to incur the following: 1,500 DLHrs per month, $9,000 in variable manufacturing overhead, and $5,550 in fixed manufacturing overhead. During June, Cheerful Colors actually used 800 direct labor hours to make 860 batches of crayons and spent $5.200 in variable manufacturing costs and $9,600 in fixed manufacturing costs. Cheerful Colors' variable overhead efficiency variance was (Round intermediary calculations to the nearest cent and your final calculation to the nearest whole dollar O A. $4,550 u O B. $360 u O c. $360 F O D. $4,550 F