Lazy Guy Corporation manufactured 4,000 chairs during June. The following variable overhead data relates to June:
Budgeted variable overhead cost per unit | $10.00 |
Actual variable manufacturing overhead cost | $49,000 |
Flexible-budget amount for variable manufacturing overhead | $46,800 |
Variable manufacturing overhead efficiency variance | $720 unfavorable |
What is the variable overhead flexible-budget variance?
◦ $2,200 favorable
◦ $1,480 favorable
◦ $2,200 unfavorable
◦ $1,480 unfavorable