Hello - I am looking for help with the controllable variance and the volume variance in the red boxes. Thanks

Your answer is partially correct. Try again. Calculate the total overhead variance, controllable variance, and volume variance. (Round variable overhead to 2 decimal places and final answers to 0 decimal places, e.g. 1,575.) Total overhead variance 23740|| Unfavorable Controllable variance 5600 | Unfavorable Volume variance IT Unfavorable Expand Your Critical Thinking 24-02 a-d Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufactures cabinets of mahogany, oak, and other fine woods for use in expensive homes, restaurants, and hotels. Although some of the work is custom, many of the cabinets are a standard size. One such non-custom model is called Luxury Base Frame. Normal production is 1,000 units. Each unit has a direct labor hour standard of 5 hours. Overhead is applied to production based on standard direct labor hours. During the most recent month, only 1,030 units were produced; 4,500 direct labor hours were allowed for standard production, but only 4,000 hours were used. Standard and actual overhead costs were as follows. Indirect materials Indirect labor (Fixed) Manufacturing supervisors salaries (Fixed) Manufacturing office employees salaries (Fixed) Engineering costs Computer costs Electricity (Fixed) Manufacturing building depreciation (Fixed) Machinery depreciation (Fixed) Trucks and forklift depreciation Small tools (Fixed) Insurance (Fixed) Property taxes Total Standard (1,000 units) $ 13,900 50,000 26,200 15,100 31,400 11,600 2,900 9,300 3,500 1,700 800 600 400 Actual (1,030 units) $ 14,300 59,300 25,600 14,500 29,100 11,600 2,900 9,300 3,500 1,700 1,600 600 400 $174,400 $167,400 Your answer is correct. Determine the overhead application rate. (Round answer to 2 decimal places, e.g. 15.75.) Overhead application rate 33.48 per direct labor hour LINK TO TEXT Your answer is correct. Determine how much overhead was applied to production. Applied overhead 150660 Your answer is partially correct. Try again. Calculate the total overhead variance, controllable variance, and volume variance. (Round variable overhead to 2 decimal places and final answers to 0 decimal places, e.g. 1,575.) Total overhead variance 23740|| Unfavorable Controllable variance 5600 | Unfavorable Volume variance IT Unfavorable Expand Your Critical Thinking 24-02 a-d Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufactures cabinets of mahogany, oak, and other fine woods for use in expensive homes, restaurants, and hotels. Although some of the work is custom, many of the cabinets are a standard size. One such non-custom model is called Luxury Base Frame. Normal production is 1,000 units. Each unit has a direct labor hour standard of 5 hours. Overhead is applied to production based on standard direct labor hours. During the most recent month, only 1,030 units were produced; 4,500 direct labor hours were allowed for standard production, but only 4,000 hours were used. Standard and actual overhead costs were as follows. Indirect materials Indirect labor (Fixed) Manufacturing supervisors salaries (Fixed) Manufacturing office employees salaries (Fixed) Engineering costs Computer costs Electricity (Fixed) Manufacturing building depreciation (Fixed) Machinery depreciation (Fixed) Trucks and forklift depreciation Small tools (Fixed) Insurance (Fixed) Property taxes Total Standard (1,000 units) $ 13,900 50,000 26,200 15,100 31,400 11,600 2,900 9,300 3,500 1,700 800 600 400 Actual (1,030 units) $ 14,300 59,300 25,600 14,500 29,100 11,600 2,900 9,300 3,500 1,700 1,600 600 400 $174,400 $167,400 Your answer is correct. Determine the overhead application rate. (Round answer to 2 decimal places, e.g. 15.75.) Overhead application rate 33.48 per direct labor hour LINK TO TEXT Your answer is correct. Determine how much overhead was applied to production. Applied overhead 150660