QUESTION 4 Martin Corporation applies manufacturing overhead to products on the basis of standard machine hours. The company's standard variable manufacturing overhead rate is $2.40 per machine hour. The actual variable manufacturing overhead cost for the month was 5.240The original budget for the month was based on 2.100 machine-hours. The company actually worked 220 machine hours during the month The standard hours allowed for the actual output of the month totaled 2.280 machine-hours. The variatie overhead officiency variance for the month was closest to $432 Unfavorable $208 Favorable. $232 Favorable $24 Unfavorable $408 Unfavorable $232 Unfavorable $208 Unfavorable. $408 Favorable $432 Favorable. $24 Favorable