Lily Corporation accumulates the following data relative to jobs started and finished during the month of June 2022 Costs and Production Data Actual Standard Raw materials unit cost $4.50 $4.30 Raw materials units 11.300 10.500 Direct labor payroll $148,000 $142 290 Direct labor hours 14,800 15.300 Manufacturing overhead incurred $182.532 Manufacturing overhead applied $184.212 Machine hours expected to be used at normal capacity 44.240 Budgeted fwed overhead for June $66,360 Variable overhead rate per machine hour $280 Fixed overhead rate per machine hour $1.50 Overhead is applied on the basis of standard machine hours. 2.80 hours of machine time are required for each direct labor hour. The jobs were sold for $454.000. Selling and administrative expenses were $35.800. Assume that the amount of raw materials purchased equaled the amount used. Compute the overhead controllable variance and the overhead volume variance. Overhead controllable variance -1680 Favorable Overhead volume variance $ -43410 Unfavorable