Fletcher Company collected the following data regarding production of one of its products. Compute the variable overhead cost variance. Direct labor standard (2.0 hrs. @ $13.20/hr.) Actual direct labor hours Budgeted units Actual finished units produced Standard variable OH rate (2 hrs. @ $15.20/hr.) Standard fixed OH rate ($573,400/47,000 units) Actual cost of variable overhead costs incurred Actual cost of fixed overhead costs incurred $ 26.40 per finished unit 91,500 hrs. 47,000 units 45,000 units $ 30.40 per finished unit $ 12.20 per unit $1,362,000 $ 455,000