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. @ $13.40/hr.) Actual direct labor hours Budgeted units Actual finished units produced Standard variable OH rate (2 hrs. @ $16.40/hr.) Standard fixed OH rate ($339,900/51,500 units) Actual cost of variable overhead costs incurred Actual cost of fixed overhead costs incurred $ 26.80 per finished unit 100,500 hrs. 51,500 units 49,500 units $ 32.80 per finished unit $ 6.60 per unit $1,618,600 $ 590,000 Multiple Choice $22.600 unfavorable. $17.600 favorable. O $5,000 favorable. $22,250 unfavorable. O $22.250 favorable