Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 2 DLH per unit. For March, the company planned production of10.000 units {80% of its production capacity of 12,500 units] and prepared the following budget. The company actually operated at 90% capacity [11,250 units) in March and incurred actual total overhead costs of $76,335. Overhead Budget 80% Operatlng Lev-e15 Production in units 195339 Budgeted variable overhead 5 32,000 Budgeted 'Fixed overhead 5 42,000 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 20,000 DLH, computed as 10,000 units x 2.00 DLH per unit. 2 Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. 6 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 20,000 DLH, computed as 10,000 units X 2 DLH per unit. {Round your answer to 2 decimal places.) $ 6.60 a Required 1 Required 2 Required 3 Required 4 Compute the total overhead variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Overhead variance Actual total overhead $ 135,465 X Standard overhead applied 148,500 X Overhead variance $ 13,035 X FavorableX Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the overhead controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Controllable Variance Actual total overhead $ 135,465 X Budgeted flexible overhead Variable overhead V $ 67,500 X Fixed overhead 72,000 X Total 139,500 Controllable variance 4,035 X Favorable VX Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the overhead volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Volume Variance Budgeted flexible overhead $ 139,500 X Standard overhead applied 148,500 X Volume variance 9,000 X Favorable