The following information relating to a company's overhead costs is available. Actual total variable overhead Actual total fixed overhead Budgeted variable overhead rate per machine hour Budgeted total fixed overhead Budgeted machine hours allowed for actual output $ 74,000 $ 18,000 $ 2.00 $ 16,000 44,000 Based on this information, the total variable overhead variance is: $8,000 favorable. O $14,000 unfavorable. O $5,091 favorable. O $14,000 favorable. ) $8,000 unfavorable