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 05 DLH per unit. The company reports the following for this period. Flexible Budget at sex Actual Capacity Results Production (in units) 53,250 49,200 Overhead Variable overhead $ 292,875 Fixed overhead 53,25e Total overhead $ 346,125 $ 347,900 (1) Compute the overhead volume variance Indicate variance as favorable or unfavorable (2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. 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 vanance by selecting favorable, unfavorable, or no variance.) Volume Variance Volume variance Required Required 2 > 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 standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period. Flexible Budget at sex Capacity Production (in units) 53,250 49,200 Overhead Variable overhead $ 292,875 Fixed overhead 53,250 Total overhead $ 346,125 5 347,900 Actual Results (1) Compute the overhead volume variance Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. 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 Overhead controllable variance