(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 Actual 80% Capacity Results Production (in units) 53,500 49,600 Overhead Variable overhead $ 294,250 Fixed overhead 53,500 Total overhead $ 347, 750 $ 351,200 (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 volume variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Volume Variance Total budgeted (flexible) overhead Total overhead applied Volume variance Unfavorable 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 804 Capacity 53,500 Actual Results 49,600 Production (in units) Overhead Variable overhead Fixed overhead Total overhead $ 294,250 53,500 $ 347,750 $ 351,200 (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 Variance Total actual overhead cost Total budgeted (flexible) overhead Overhead controllable variance Unfavorable