Question 20 Mercuri Company has gathered the following information: Variable manufacturing overhead costs $12,960 Fixed manufacturing overhead costs $9,990 Normal production level in labour hours 9,000 Standard labour hours 9,400 During the year, 3,240 units were produced, 10,300 hours were worked, and the actual manufacturing overhead was $21,000. Actual fixed overhead totalled $10,000. Your answer is partially correct. Try again. Calculate the variable overhead price variance. Variable overhead price variance 3400 Favourable >Your answer is partially correct. Try again. Calculate the variable overhead quantity variance. Variable overhead quantity variance 864 Unfavourable