Exercise 21-24 (Algo) Controllable and volume variances LO P4 Shaw Incorporated began this period with a budget for 1,140 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $107,400, and actual units produced were 1,040. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 57,000 47,000 $ 104,000 a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required a Required B Compute controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllable Variance Controllable variance Required A Required B > Required A Required B Compute volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Volume Variance Volume variance