Budgeted overhead for Sheffield Corp. at normal capacity of 25000 direct labor hours is $6 per hour variable and $4 per hour fixed. In May, $254400 of overhead was incurred in working 26500 hours when 27000 standard hours were allowed. The overhead controllable variance is $7600 favorable. $15600 unfavorable. $15600 favorable. O $5000 favorable. Click if you would like to Show Work for this question: Open Show Work chiqarety of material was 6000 pounds, though the standard Coronado Industries has a materials price standard of $2.00 per pound 6000 pounds of materials alowed for the output was 5200 pounds Corona Industries a y walance is SIF STOF SIMU $160 Click Wwe would he te Show Work for the