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 4,500 machine-hours. Budgeted and actual overhead costs for the month appear below: Original Budget Based on 4,500 Machine Hours Actual Costs $ $ 12,000 38,400 12,730 38,700 Variable overhead costs: Supplies Indirect labor Fixed overhead costs Supervision Utilities Factory depreciation Total overhead coat 20,600 6,800 7,800 20,240 6,760 8,110 $ 86,540 85,600 The company actually worked 4,520 machine-hours during the month. The standard hours allowed for the actual output were 4,510 machine- hours for the month. What was the overall variable overhead efficiency variance for the month? Multiple Choice 0 (1) $800 Favorable 0 $112 Unfavorable 0 $270 Favorable 0 ( $229 Favorable