163 . Budgeted overhead for Concord Corporation at normal capacity of 34000 direct labor hours is $6 per hour variable and $4 per hour fixed. In May, $340800 of overhead was incurred in working 35500 hours when 36000 standard hours were allowed. The overhead controllable variance is

$5000 favorable.

$11200 favorable.

$19200 favorable.

$19200 unfavorable.