Irving Corporation makes a product with the following standards for direct labor and variable overhead:

Irving Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Standard Cost Per Standard Price or Rate Unit Hours 0.3 hours $14.00 per hour 5.00 per hour $4.20 Direct labor $1.50 Variable overhead 0.3 hours ..... In November the company's budgeted production was 5,300 units, but the actual production was 5,100 units. The company used 1,650 direct labor-hours to produce this output. The actual variable overhead cost was $7,590. The company applies variable overhead on the basis of direct labor-hours. The variable overhead efficiency variance for November is: Multiple Choice $552 U $552 F $600 F $600 U