PA 11. LO 8.4 Reddy Corporation has collected the following data for the month of June:
Actual total factory overhead incurred
Budgeted fixed factory overhead costs
$61,250
$42,000
Activity level, in direct labor hours
15,000
Actual direct labor hours
18,000
Standard hours for output this-period
17,000
Total factory overhead rate
$ 4.35
What is the variable overhead efficiency variance?