For May. Mariana company planned production of 19.200 units ( 80% of its production capacity of 24,000 units) and prepared the following overhead budget. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $3.79 per DLH. It actually operated at 90% capacity ( 21,600 units) in May and incurred the following actual overhead. 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 21,600 units. Complete this question by entering your answers in the tabs below. Prepare an overhead variance report at the actual activity level of 21,600 units. (Indicate the effect of each variance by selecting favorable, unfavorable, or no varlance. Do not round intermedlate calculations.) | Actual Controllable Variance \begin{tabular}{|l|l|l|l|} \hline Flexible Budget & Actual Results & Variances & Favorable/Unfavorable \\ \hline \end{tabular} Variable overhead costs: Fixed overhead costs: \begin{tabular}{l} \hline Fixed overhead costs: \\ \hline Total overhead costs \\ \hline Volume Variance \end{tabular} Volume Variance Volume variance Total overhead variance Required 2 Compute the overhead controllable variance and identify it as favorable or unfavorable. (Indicate the effect of the va selecting favorable, unfavorable, or no variance.) 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 thi selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.)