Good Sleep Inc manufactures soft pillows. Its records revealed the following data: Number of units produced 5,000 Standard direct labor hours per unit 2.50 Standard variable overhead rate $4.00 per hour Standard fixed overhead rate $6.00 per hour Budgeted fixed overhead costs $75,500 Actual variable overhead costs $49,500 Actual fixed overhead costs $80,000 Actual labor hours 13,000 direct labor
hours Total actual overhead $129,500 Using the above information provided for Good Sleep, the total overhead cost variance is
A) $4,000 (F).
B) $5,000 (U).
C) $4,500 (U).
D) $500 (F).
C
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