Samsung Corporation produces a single product. The standard costs for one unit of its product are as follows Direct materials (6 pounds at 50.50 per pound) Direct labor (2 hours at $10 per hour) Variable manufacturing overhead (2 hours at 55 per hour) 53 I 20 10 During November 8,000 units were produced. The costs associated with November operations were as follows: Material purchased (36,000 pounds at 50.60 per pound) $21.600 Material used in production (28,000 pounds)) Direct labor (18,400 hours at 59.75 per hour) Variable manufacturing overhead incurred 179,400 110,400 What is the variable overhead spending variance for the product for November O$18.400 Unfavorable O$ 18,400 Favorable O $30.400 Fevocable 30.400 Undayable. Activate Wind