Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 805 of the company's capacity of 56,000 units per quarter. The following additional information is available. During the current quarter, the company operated at.90k of capacity and produced 50.400 units: actual direct tabor totaled 299,400 hours. Units produced were assigned the following standard costs. variance.) \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Controllable Variance } \\ \hline Actual total overhead & $5,043,200 & \\ \hline Budgeted total overhead & Favorable \\ \hline Controllable variance & Req 2 search & \\ \hline \end{tabular} Volume variance Req 3 Controllable Variance