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 Capacity 50,000 Actual Results 44,000 Production (in units) Overhead Variable overhead Fixed overhead Total overhead $ 275,000 50,000 $325,000 5305,000 (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 tobs below. Required: Required 2 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 Required 2 > Total overhead $325,000 $ 305,000 (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 Varianca Total actual overhead cost Total budgeted (flexible) overhead Overhead controllable variance Unfavorable