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Levelor Company's flexible budget shows $10,650 of overhead at 75% of capacity, which was the operating level achieved during May. However the company applied overhead

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Levelor Company's flexible budget shows $10,650 of overhead at 75% of capacity, which was the operating level achieved during May. However the company applied overhead to production during May at a rate of $2.10 per direct lobor hour based on a budgeted operating level of 6,060 direct labor hours (90% of capacity). If overhead actually incurred was $11,117 during May, the controllable variance for the month was Multiple Choice 5467 lavoratie $467 favorable 52.076 tvorable $2,076 unfavorable $1,609 favorable

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