A company's flexible budget for 40,000 units of production showed variable overhead costs of $44,000 and fixed overhead costs of $56,000. The company incurred overhead costs of $90,080 while operating at a volume of 32,000 units. The total controllable cost variance is:

Multiple Choice

• $1,120 favorable.

• $1,120 unfavorable.

• $9,920 favorable.

• $9,920 unfavorable.

• $11,920 favorable.