In October, Oriole Company reports 20,500 actual direct labor hours, and it incurs $123,000 of manufacturing overhead costs. Standard hours allowed for the work done is 24,600 hours. The predetermined overhead rate is $5.25 per direct labor hour. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $3.75 variable per direct labor hour and $45,000 fixed. Compute the overhead controllable variance. Overhead Controllable Variance