units of its production capacity of 14.00 unit and prepared the following overneau ouages le.ee Overhead Budget Production in units Standard direct labor hours Budgeted overhead Variable overhead costs Indirect materials Indirect labor $16, Bee Total variable costs Fixed overhead costs Rent af Factory building Depreciation Machinery Supervisory sale Total fixed costs Total overhead costs During May, the company operated at 90% capacity (11.250 units) and incurred the following actual over Overhead cast astua Indirect saterials Indirect labor Maintenance Rent of factory building Depreciation Machinery Supervisory salaries Total actual overhead costs 1. Compute the overhead controllable variance and classify it as favorable or unfavorable 2. Compute the overhead volume variance and classify it as favorable or unfavorable 3. Prepare an overhead variance report of the actual activity level of 11.250 units Complete this question by entering your answers in the tabs below. Recured 1 Required 2 Required Comput the overhead controllable variance and classify it as favorable or unfavorables indicate the by selecting for favorable navorable, and no variance) st a tion Flexible budget overhead Ovemed controllata variance New) 1. Compute the overhead controllable variance and classify it as favorable or unfavorable. 2. Compute the overhead volume variance and classify it as favorable or unfavorable. 3. Prepare an overhead variance report at the actual activity level of 11.250 units Complete this question by entering your answers in the tabs below. Required 1 Reqh2 Required 3 Compute the overhead volume variance and dassify it as favorable or unfavorable. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not round intermediate calculations.) Volume Variance 5 4 0.000 Total budgeted forced OH Ested overhead Volume variance 1. Compute the overhead controllable variance and classify it as favorable or unfavorable. 2. Compute the overhead volume variance and classify it as favorable or unfavorable. 3. Prepare an overhead variance report at the actual activity level of 11.250 units. Complete this question by entering your answers in the tabs below. Requiredt Required 2 Required 3 Prepare an overhead variance report at the actual activity level of 11.250 units. Classify as favorable or unfavorable. (Indicata the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not found intermediate calculations.) JAMES CORP Overhead Variance Report For Month Ended May 31 Expected production Production level achieved Volume variance Controllable Variance Flexible Budget Actual Results Va Vanable overhead Fored overhead Total overhead costs