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% Capacity 50,000 Actual Results 44,000 $ 275,000 50,000 $325,000 $ 305,000 1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable. 2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.