Question
Apple Corporation produces a single product. The standard costs for one unit of its product are as follows: Direct materials (6 pounds at $0.50
Apple Corporation produces a single product. The standard costs for one unit of its product are as follows: Direct materials (6 pounds at $0.50 per pound) Direct labor (2 hours at $10 per hour) Variable manufacturing overhead (2 hours at $5 per hour) $3 20 10 During November, 6,000 units were produced. The costs associated with November operations were as follows: Material purchased (36,000 pounds at $0.60 per pound) Material used in production (28,000 pounds) Direct labor (12,800 hours at $9.75 per hour) $21,600 Variable manufacturing overhead incurred 117,000 53,760 What is the variable overhead spending variance for the product for November? O $ 10,240 Favorable O$ 10,240 Unfavorable O $6,240 Favorable O $6,240 Unfavorable
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