Manufacturing overhead data for the production of Product B by Martinez, Inc. are as follows. Overhead incurred for 69,900 actual direct labor hours worked $207,800$3.0069,900 Overhead rate (variable $2.00; fixed $1.00 ) at normal capacity of 72,990 direct labor hours $3.00 Standard hours allowed for work done Compute the controllable and volume overhead variances. Identify whether each variance is favorable or unfavorable. Overhead Controllable Variance \$ Overhead Volume Variance \$ Last saved 2 minutes ago. Attempts: 0 of 2 used