Dooley Company Has the Following Information Available for Variable Overhead

Multiple Choice

Dooley Company has the following information available for variable overhead costs.Direct labor hours are the cost driver for variable overhead costs.
$\begin{array}{ll}\text { Actual variable overhead costs } & \$ 4,700 \\\text { Standard variable overhead costs } & \$ 1.20 \text { per hou1 } \\\text { Actual direct labor hours } & 3,750 \text { hours } \\\text { Standard direct labor hours per unit } & 5 \text { hours } \\\text { Units produced } & 700\end{array}$
What is the variable overhead efficiency variance?

A) $300 Favorable
B) $300 Unfavorable
C) $500 Favorable
D) $500 Unfavorable