Question - White Mountain Sled Company manufactured 3,000 childen's snow sleds during November. The following variable overhead data relates to November:
Budgeted variable overhead cost per unit $12.00
Actual variable manufacturing overhead cost $49,900
Flexible-budget amount for variable manufacturing overhead $47,800
Variable manufacturing overhead efficiency variance $700 unfavorable
What is the variable overhead spending variance?
$2,800 unfavorable
$1,400 favorable
$2,800 favorable
$1,400 unfavorable