(1) Required information [The following information applies to the questions displayed below] Manuel Company predicts it will operate at BOK of its productive capocity. its overhead allocation base is DLH and its standard amount per allocation base is 0.5 D.H per unit. The company reports the following for this period. (1) Compute the overhead volume variance. Indicate variance as fovorable or unfovorable. (2) Compute the overhead controllable variance. Indicate variance as favorable of unfavorable. Complete this question by entering your answers in the tabs below. Required 2 Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfovorable, or no variance.) 1 Required information The following information applies to the questions displayed below) Manuel Company predicts it will operate ot 80% of its productive capacity. Its overhead allocation base is DLH and its. standard amount per allocation base is 0.5 OLH per unit. The company reports the following for this period. (1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance, indicate variance as favorable or unfavorable. Complete this question by entering your answers in the tabs below. Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)