He Save & Exit The Maxit Corporation has a standard costing system in which variable manufacturing overhead is assigned to production on the basis of standard machine hours. The following data are available for July Actual variable manufacturing overhead cost incurred: $25.040 . Actual machine hours worked 2.700 hours Variable overhead rate variance: $5.070 U. . Total variable overhead spending variance $7040 U The variable overhead efficiency variance for July is he variable overhead efficiency Valldlile lui July 13. Multiple Choice o $1,970 U o $12110 E o $12110 U o $1,970 F