Required information

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AirPro Corporation reports the following for this period.

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Compute the controllable variance and identify it as favorable or unfavorable.

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Required information

$[$The following information applies to the questions displayed

below.$]$

AirPro Corporation reports the following for this period.

Actual total overhead

Standard overhead applied

Budgeted $($flexible$)$ variable overhead rate

Budgeted fixed overhead

Predicted activity level

Actual activity level

$$28,875$

$$31,620$

$$2\mathrm{.}10$ per lunit

$$11,700$

$11,700$ units

$10,200$ units

Compute the volume variance and identify it as favorable or unfavorable.