The manager of Jane's Fans needed information regarding the company's overhead. She felt that there was a problem and asked Jane s accountant to grave her a breakdown of the variable and fixed overhead variances. The company experienced the following last period: The company produced 40.000 fans and incurred the following overhead costs variable overhead. $98.000: fixed overhead. $76.000 Overhead rates were based on direct labor hours. The budgeted DL hours were 50.000 hours and the budgeted overhead was variable. $105,000: fixed. $70.000 The standard hours allowed for each unit produce is 1 2 hours. The amount of actual direct labor hours was 47.000 hours. The variable overhead efficiency variance was $2, 100F $700 U $14, 700U $2, 100U $700 F