Sand Toys Inc. produced 110,000 sand buckets during April. Variable overhead is allocated using machine hours. The following variable overhead data pertain to April: Actual Budgeted Production 110,000 units 110,000 Machine-hours Variable overhead cost per machine-hour units 10,500 hours 11,000 hours $5.55 $5.45 What is the variable overhead efficiency variance? $2,725 favorable $2,650 favorable $1,050 unfavorable $2,675 unfavorable