Magenta Inc. reports the following information for the current year, which is its first year of operations: Units produced this year 750,000 units Units sold this year 740,000 units Direct materials $ 18.30 per unit Direct labor $ 14.20 per unit Variable overhead ? in total Fixed overhead $ 4,500,000 in total If the company's cost per unit of finished goods using absorption costing is $39.75, what is total variable overhead?