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Required information Use the following information for the Exercises below. ( Algo ) Skip to question [ The following information applies to the questions displayed

Required information
Use the following information for the Exercises below. (Algo)
Skip to question
[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 80% Capacity Actual Results
Production (in units)52,75048,400
Overhead
Variable overhead $ 290,125
Fixed overhead 52,750
Total overhead $ 342,875 $ 341,300
Exercise 21-18(Algo) Volume and controllable variances LO P4
(1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable.
(2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.

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