Testbank, Question 58 Skiliful Ltd budgeted $900 000 for total overhead. The standard variable overhead rate was $1 per direct labour hour, or $3 per unit, based on an anticipated activity level of 300 000 direct labour hours. During the year 110 000 units were produced. Fixed overhead costs incurred were $590 000. The variable overhead budget variance was $5500 unfavourable, and the actual variable overhead rate was $1.10 per direct labour hour. The variable overhead efficiency variance was: O $5,500 F O $25,000 F. $25,000 u O $30,500 F