Valera Corporation makes a product with the following standards for labor and variable overhead: Standard Quantity or Hour; Standard Price or Rate Standard Cost Per Unit Direct labor 9.4 hours $21.99 per hour $8.49 Variable overhead 9.4 hours $ 6.99 per" hour" $2.49 The company budgeted for production 015,300 units in July. but actual production was 5,400 units The company used 2,130 direct labor-hours to produce this output. The actual variable overhead rate was $6.10 per hour, The company applies variable overhead on the basis of direct labor-hours, The variable overhead efficiency variance forJuiy is: Muhiple Choice 0 $183 F $130 U $133 U O 0 $180 F O