Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period Production (in units) Overhead Variable overhead Fixed overhead Total overhead Flexible Budget at 80% Actual Capacity 53,250 Results 49,200 $292,875 53,250 $346,125 $ 347,900 Exercise 21-18 (Algo) Volume and controllable variances LO P4 (1) Compute the overhead volume variance Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Standard overhead applied Volume Variance Standard overhead applied Volume variance Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period Production (in units) Overhead Variable overhead Fixed overhead Total overhead Flexible Budget at 80x Actual Capacity 53,250 $292,875 53,250 $ 346,125 Results 49,200 $ 347,900 Exercise 21-18 (Algo) Volume and controllable variances LO P4 (1) Compute the overhead volume variance Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance Indicate variance as favorable or unfavorable Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllable variance Controllable variance < Required 1