A company's flexible budget for 55,000 units of production showed variable overhead costs of $101,750...

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Accounting

A company's flexible budget for 55,000 units of production showed variable overhead costs of $101,750 and fixed overhead costs of $71,000. The company incurred overhead costs of $156,680 while operating at a volume of 47,000 units. The total controllable cost variance is:

Multiple Choice

$1,270 favorable.

$1,270 unfavorable.

$16,070 favorable.

$18,070 favorable.

$16,070 unfavorable.

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