Exercise 23-25 (Algo) Overhead controllable and volume variances; overhead variance report LO P4 For May, Mariana company planned production of 10.400 units (80\% of its production capocity of 13,000 units) and prepared the following overheed budget. The company applies overhead with a standard of 3DLH per unit and a standard overhend rate of 53.79 per DLH It actualy operated at 90 , capacty (t1700 unis) in Moy and incurted the following actuat overhead? 1. Compute the overnead controllable vanance and identify it as favorable or unfavorable. 2. Compute the overhead volume variance and identify it as favorable or unfavorable. 3. Propore an overthead variance report at the actual activity leves of 11300 units. it actually operated at yus capacity \{1.,/UU units) in may and incurrea ine ronowing actual overneao. 1. Compute the overhead controliable variance and identify it as favorable or unfavorable. 2. Compute the overhead volume variance and identify it as favorable or unfavorable. 3. Prepare an overhead variance report at the actual activity level of 11.700 units. Complete this question by entering your answers in the tabs below. Compute the overhead controllable variance and identify it as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, of no variance.) 1. Compute the overhead controllable variance and identify it as favorable or unfavorable. 2. Compute the overhead volume variance and identify it as favorable or unfavorable. 3. Prepare an overhead variance report at the actual activity level of 11,700 units. Complete this question by entering your answers in the tabs below. Compute the overhead volume variance and identify it as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Prepare an overhead variance report at the actual activity level of 11,700 units. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.)