Gage Company Reports the Following Information for Its First Year

Gage Company reports the following information for its first year of operations:
$\begin{array}{ll}\text { Units produced this year } & 7,000 \text { units } \\\text { Units sold this year } & 6,500 \text { units } \\\text { Direct materials } & \$ 22 \text { per unit } \\\text { Direct labor } & \$ 30 \text { per unit } \\\text { Variable overhead } & ? \text { in total } \\\text { Fixed overhead } & \$ 56,000 \text { in tota }\end{array}$

If the company's cost per unit of finished goods using variable costing is $63,what is total variable overhead?

A) $21,000
B) $71,500
C) $77,000
D) $19,500
E) $16,590