Saved Help Save & Exit Venus Company applies overhead based on direct labor hours. The variable overhead standard is 20.00 hours at $13.50 per hour During October, Venus Company spent $1,012,600 for variable overhead. 76,440 labor hours were used to produce 3,840 units. What is the variable overhead efficiency variance? Multiple Choice O $19.340 favorable O 4.860 unitsvorable 524.200 favorable 54 860 invornble