The Laramie Corporation Manufactures Product X That Consumes a Large

Multiple Choice

The Laramie Corporation manufactures Product X that consumes a large amount of overhead. For the month of October Laramie produced 15,250 units of Product X and incurred actual overhead costs of $375,000. The standard costs developed for Product X by Laramie follow: What was the total variable overhead variance for Product X in October?

A) $128,250 favorable
B) $128,250 unfavorable
C) $291,125 favorable
D) $291,125 unfavorable