I don't understand how they are getting the answers for boxes 2 and 3. And then I am also confused as to whether it is "favorable" or "unfavorable" since it shows that my answer is correct, but states that the correct answer is unfavorable.

Your Answer Incorrect Winger Corporation uses a standard cost system. At its normal expected level of monthly output of 30,000 units, its budgeted fixed overhead is $180,000 and its variable overhead is $10 per unit. In the current month, the company actually produced 26,000 units. 1. The company's budgeted (expected) total overhead for its actual level of output was $ 440,000 .2. Total overhead applied to production in the current month Blank 1 was $ 480,000 .3. The company's overhead volume variance was $ 40,000 4. The company's overhead volume Blank 2 Blank 3 variance was favorable (favorable/unfavorable). Blank 4 Correct Answer Blank 1: 440,000 Blank 2: 416,000 Blank 3: 24,000 Blank 4: unfavorable