During May, the company operated at 90% capacity (11,250 units) and incurred the following actual overhead costs: Overhead costs (actual) Indirect materials $ 18,200 28,950 5,850 3,745 19,000 11,600 19,300 $106,645 Indirect labor Power Maintenance Rent of factory building Depreciation-Machinery Supervisory salaries Total actual overhead costs 1. Compute the overhead controllable variance and classify it as favorable or unfavorable. 2. Compute the overhead volume variance and classify it as favorable or unfavorable. 3. Prepare an overhead variance report at the actual activity level of 11,250 units. Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 1 Compute the overhead controllable variance and classify it as favorable or unfavor by selecting for favorable, unfavorable, and no variance.) Controllable variance Total actual overhead Flexible budget overhead Total Overhead controllable variance Required 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the overhead volume variance and classify it as favorable or unfavorable. (Indica selecting for favorable, unfavorable, and no variance. Do not round intermediate calculatio Volume Variance Volume variance JAMES CORP. Overhead Variance Report For Month Ended May 31 Expected production volume Production level achieved Volume variance Flexible Budget Controllable Variance Actual Results Variances FayJUnfay. Variable overhead costs: Fixed overhead costs: Total overhead costs 18 of 19 During May, the company operated at 90% capacity (11,250 units) and incurred the following actual overhead costs: Overhead costs (actual) Indirect materials $ 18,200 28,950 5,850 3,745 19,000 11,600 19,300 $106,645 Indirect labor Power Maintenance Rent of factory building Depreciation-Machinery Supervisory salaries Total actual overhead costs 1. Compute the overhead controllable variance and classify it as favorable or unfavorable. 2. Compute the overhead volume variance and classify it as favorable or unfavorable. 3. Prepare an overhead variance report at the actual activity level of 11,250 units. Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 1 Compute the overhead controllable variance and classify it as favorable or unfavor by selecting for favorable, unfavorable, and no variance.) Controllable variance Total actual overhead Flexible budget overhead Total Overhead controllable variance Required 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the overhead volume variance and classify it as favorable or unfavorable. (Indica selecting for favorable, unfavorable, and no variance. Do not round intermediate calculatio Volume Variance Volume variance JAMES CORP. Overhead Variance Report For Month Ended May 31 Expected production volume Production level achieved Volume variance Flexible Budget Controllable Variance Actual Results Variances FayJUnfay. Variable overhead costs: Fixed overhead costs: Total overhead costs 18 of 19