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Santana Company produces tanning lotion. The following information is provided concerning its standard cost system for the year: Standard Data Actual Data Budgeted production4,500 Actual

Santana Company produces tanning lotion. The following information is provided concerning its standard cost system for the year:

Standard Data Actual Data Budgeted production4,500 Actual production4,400Budgeted fixed overhead$6.30 per labor hour Labor worked1,600 hours totaling $24,000Budgeted variable overhead$4.50 per labor hour Actual overhead$19,600Labor24 mins. @ $12 per hr.

How much is the overhead controllable variance?

$2,320U.

$340U.

$592U.

$160U.

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