Termeer Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct lobor-hours. Inputs Variable manufacturing overhead Standard Quantity or Hours Standard Price or per Unit of Output Rate 6.30 hours $2.30 per hour The company has reported the following actual results for the product for August Actual output Actual direct labor-hours Actual variable overhead rate Actual variable overhead cost 8,000 units 2,380 hours $ 2.10 per hour $4,998 The variable overhead efficiency variance for the month is closest to Multiple Choice O $46 Unfavorable $42 Favorable $46 Favorable O $42 Unfavorable