Question 7 ABC uses a standard cost system and has the following information for the most recent month, MARCH: Actual direct labor hours (DLHs) worked 17,000 Actual total factory overhead costs incurred LA 45,400 Budgeted fixed factory overhead costs 10,800 Standard Variable Direct Labor Overhead Rate 1.98 The total factory overhead spending variance in MARCH for ABC, to the nearest whole dollar, was: $1,040 favorable. $940 unfavorable. $2, 160 favorable. $1,980 favorable. > Moving to another question will save this response. Mac