The Tri Town Company produces rubber seals used in the aerospace industry. Standards call for 3 pounds of material at $2.48 per pound for each seal. The standard cost for labor is 1.5 hours at $15.00 per hour. Standard overhead is $10.00 per unit. For the year 2016, expected production is 134,100 seals with fixed overhead of $134,100 and variable overhead of $9.00 per seal. During 2016, a total of 125,000 seals were produced. The company purchased 455,000 pounds of material for $1,151,150. Production required 392,400 pounds of material. The cost of direct labor incurred was $2,900,000 with an actual average wage rate of $15.25 per hour. Actual overhead for the year was $989,000. What are the Controllable Overhead Variance and Overhead Volume Variance? Favorable or Unfavorable?