Required information [The following information applies to the questions displayed below.] Alvarez Company for the current period shows a $39,000 favorable volume variance and a $53,200 unfavorable controllable variance. Standard overhead applied for the period is $230,000. a. What is the actual total overhead cost incurred for the period? b. What is the total overhead variance and is it favorable or unfavorable? a. Actual total overhead b. Total overhead variance