Required Information (The following information applies to the questions displayed below.] 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. Flexible Budget at sex Actual Capacity Results Production (in units) 52,750 48,40 Overhead Variable overhead Fixed overhead Total overhead $ 290, 125 52,750 $ 342,875 $ 341,300 (1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable varlance. Indicate variance as favorable or unfavorable. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Volume Variance Total overhead applied $ Total budgeted (flexible) overhead Volume variance $ 48,400 52.750 4,350 Unfavorable Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Overhead Controllable Variance Total budgeted (flexible) overhead S 341,300 Total actual overhead cost 341,300 Overhead controllable variance 1.575 X Unfavorable IS