Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 53,500 43,500 $ 97,000 a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) $ Volume Variance Standard overhead applied Budgeted (flexible) overhead at units produced Volume variance 99,700 92,000 7.700 X Favorable