During the Period Richeleau Produced 1,000 Units of Product

Multiple Choice

During the period Richeleau produced 1,000 units of product. The flexible budget for standard costs is: Direct materials $43,000
Direct labour 67,000
Variable overhead 30,000
Fixed overhead 25,000
Variances for the period are:
Direct materials price $ 400 U
Direct materials efficiency 500 F
Direct labour price 600 F
Direct labour efficiency 200 U
Variable overhead spending 300 F
Variable overhead efficiency 100 F
Fixed overhead spending 500 F
Fixed overhead production volume 1,000 U
The total under- or overapplied overhead for the period was:

A) $400 overapplied
B) $500 underapplied
C) $900 overapplied
D) $100 underapplied