\begin{tabular}{|l|l|} \hline UniversalCompanyusesastandardcostsystemandpreparedthefollowingbudgetatnormalcapacityforthemonthofJanuary: & \\ \hline Direct labor hours & 24,000 \\ \hline Variable manufacturing overhead & $48,000 \\ \hline Fixed manufacturing overhead & $108,000 \\ \hline Total manufacturing overhead per DLH & 6.5 \\ \hline Actual data for January were as follows: & 22,000 \\ \hline Direct labor hours worked & $157,000 \\ \hline Total manufacturing overhead & 22,500 \\ \hline Standard DLH allowed for capacity attained & \\ \hline Usingthetwo-wayanalysisofoverheadvariances,whatisthebudget(controllable)varianceforJanuary?Isitfavorableorunfavorable?Showyourworktoreceivepartialcredit. & \\ \hline \end{tabular}