Help Save & Exit Submit Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 5,100 machine-hours. Budgeted and actual overhead costs for the month oppear below: Original Budget Based on 5,100 Machine-Hours Actual Costs $12,280 47,900 $ 13,330 50, 350 Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Factory depreciation Total overhead cost 21,200 7,400 8,400 $ 97,180 20,840 7,420 8,710 $100,650 The company actually worked 5,250 machine-hours during the month. The standard hours allowed for the actual output were 5,240 machine-hours for the month. What was the overall variable overhead efficiency variance for the month? (Round your Intermediate calculations to 2 decimal places. Multiple Choice O $686 Favorable