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Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 4,800

Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month, the company based its budget on 4,800 machine-hours. Budgeted and actual overhead costs for the month appear below:

Original Budget Based on 4,800 Machine-Hours Actual Costs
Variable overhead costs:
Supplies $ 12,000 $ 13,030
Indirect labor 43,200 45,750
Fixed overhead costs:
Supervision 20,900 20,540
Utilities 7,100 7,090
Factory depreciation 8,100 8,410
Total overhead cost $ 91,300 $ 94,820

The company actually worked 5,120 machine-hours during the month. The standard hours allowed for the actual output were 5,110 machine-hours for the month. What was the overall variable overhead efficiency variance for the month?

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