The following data have been provided by Petri Corporation: 
Indirect labor and power are both elements of variable manufacturing overhead. The variable overhead rate variance for power is closest to:
Definitions:
Economic Efficiency
The optimal allocation of resources to maximize output or outcomes without waste.
Economic Efficiency
Economic efficiency occurs when the allocation of resources maximizes the total net benefit received by all individuals in the economy.
Constitutional Rules
The fundamental principles and established precedents according to which a state or other organization is governed.
Economic Efficiency
A state in which resources are allocated in the most effective manner, maximizing the production of goods and services without wasting resources.
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