TB MC Qu. 21-123 The following information relating... The following information relating to a company's overhead costs is available. Budgeted fixed overhead rate per machine hour Actual variable overhead Budgeted variable overhead rate per machine hour Actual fixed overhead Budgeted hours allowed for actual output achieved $ 0.50 $73,000 $ 2.50 $17,000 32,000 Based on this information, the total overhead variance is: Multiple Choice $1,000 unfavorable. $1,000 unfavorable. $1,000 favorable. $6,000 favorable, $7,000 favorable. $6,000 unfavorable