Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below. c-1. What is the variable overhead efficiency variance? (Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (l.e, zero variance)). 0.2. What is the variable overhead rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance))