A company allocates overhead using a standard overhead rate of $5.50 per direct labor hour and 2 direct labor hours per unit. For this period, the company planned production of 10,280 units (80% of its capacity) and budgeted $37,008 in variable overhead and $79,600 in fixed overhead. The company actually produced 11,950 units this period and incurred actual total overhead costs of $136,730. Enter answers in the tabs below. Required 1 Required 2 Required 3 Compute the total overhead variance. Note: For each variance, select favorable, unfavorable, or no variance. Do not round intermediate calculations. Overhead variance Overhead variance Required 1 Required 2

A company allocates overhead using a standard overhead rate of $5.50 per direct labor hour and 2 direct labor hours per unit. For this period, the company planned production of 10,280 units (80% of its capacity) and budgeted $37,008 in variable overhead and $79,600 in fixed overhead. The company actually produced 11,950 units this period and incurred actual total overhead costs of $136,730. Enter answers in the tabs below. Compute the total overhead variance. Notef For each variance, select favorable, unfavorable, or no variance. Do not round intermediate calculations