Steep, Inc. budgeted 8,000 cup holders for March. Each holder is sold for $12. Actual production for March was 8,200 cup holders. Manufacturing overhead is applied based on units produced. Standards and actual costs follow for March: Actual Standards Materials 1.1 pounds @ $2.40 a pound 6,400 pounds purchased for $15,040; 6,450 pounds used Labor 0.10 hours @ $14.00 per hour Variable overhead Fixed overhead $8,400 $4,800 620 hours @ $14.30 per hour $9,500 $4,850 How much is the overhead controllable variance? $1,355 unfavorable $940 unfavorable $490 unfavorable $490 favorable 940 favorable