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Question
Levelor Company's flexible budget shows $10,710 of overhead at 75% of capacity, which was the operating level achieved during May. However, the company applied overhead to production during May at a rate of $2.00 per direct labor hour based on a budgeted operating level of 6,120 direct labor hours (90% of capacity). If overhead actually incurred was $11,183 during May, the controllable variance for the month was:A.$ 473 unfavorable.
B.$ 473 favorable.
C.$1,530 favorable.
D.$1,530 unfavorable.
E.$1,057 favorable.
Answer
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