Gage Company reports the following information for its first year of operations:

Units produced this year 7,000

Units sold this year

6,500

Direct materials

$ 22

Direct labor

$ 30

Variable overhead

?

Fixed overhead

units

units

per unit per unit

in total

$ 56,000 in total

If the company's cost per unit of finished goods using variable costing is $63, what is total variable overhead?

O $21,000

O $71,500

O $77,000

O $19,500

O $16,590

Gage Company reports the following information for its first year of operations: If the company's cost per unit of finished goods using variable costing is $63, what is total variable overhead? $21,000$71,500$77,000$19,500$16,590