TB MC Qu. 10-203 (Algo) A manufacturing company that has only one product ... A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor hours. Standard hours per unit of output Standard variable overhead rate 3.10 direct labor-hours $10.45 per direct labor-hour The following data pertain to operations for the last month: Actual direct labor-hours Actual total variable manufacturing overhead cost Actual output 9,500 direct labor-hour $ 95,770 2,800 units What is the variable overhead efficiency variance for the month? Multiple Choice $7,613 U $7,613 F $4,492 U $8,569 0