Eminem, Inc. manufactures music CDs. At the start of 2021, Eminem planned to produce 110,000 CDs for which the standard cost for each CD is Plastic (0.25 pounds at $6.00 per pound) Labor (0.10 hour at $12.00 per hour) Overhead (30.70 fixed and 50.90 variable) Total $1.50 1.20 1.60 54.30 Overhead is allocated based on the number of units produced. Eminem isolates material purchase variances at the point of purchase. The following information summarizes Eminem's results for 2021 Actual production Actual variable overhead 112,000 CD $91,000 Actual fixed overhead $85,500 How much is the controllable overhead variance for 20217 O $4,400 favorable $1.300 vrable O$1,600 favorable O $5000 favorable $1,000 favorable