Priority Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 10,000 Actual variable overhead incurred: $50,500 Actual machine hours worked: 15,000 Standard variable overhead cost per machine hour: $3.70 If Priority estimates 1.90 hours to manufacture a completed unit, the company's variable-overhead efficiency variance is: Multiple Choice O $5,000 favorable. O $5,000 unfavorable. O $14,800 favorable. O $14,800 unfavorable