Standard Price or Rate Juhasz Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Hours Direct labor 0.30 hours $39.00 per hour Variable overhead 0.30 hours $ 5.90 per hour In August the company produced 9,800 units using 3,050 direct lobor-hours. The actual variable overhead cost was $17.080. The company applies variable overhead on the basis of direct lobor-hours, The variable overhead efficiency variance for August is. Multiple Choice $616 Favorable $649 Favorable $616 Unfavorable Standard Price or Rate Juhasz Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Hours Direct labor 0.30 hours $39.00 per hour Variable overhead 0.30 hours $ 5.90 per hour In August the company produced 9,800 units using 3,050 direct lobor-hours. The actual variable overhead cost was $17.080. The company applies variable overhead on the basis of direct lobor-hours, The variable overhead efficiency variance for August is. Multiple Choice $616 Favorable $649 Favorable $616 Unfavorable