Exercise 8-24 (Algo) Controllable and volume variances LO P4 Shaw Incorporated began this period with a budget for 1,200 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $114,000, and actual units produced were 1,100. 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 $ 60,000 50,000 $110,000 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 Shaw Incorporated began this period with a budget for 1,200 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $114,000, and actual units produced were 1,100. 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 $ 60,000 50,000 $110,000 a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Volume Variance Volume variance