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 Variable overhead costs: $12,000 38,400 Supplies Indirect labor $12,730 38,700 Fixed overhead costs: Supervision Utilities 20,600 20,240 6,760 6, 800 FactoryY 8,110 7,800 depreciation 85, 600 $ 86,540 Total overhead cost 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 $112 Unfavorable $229 Favorable $800 Favorable $270 Favorable