View Policies Current Attempt in Progress Budgeted overhead for Bonita Industries at normal capacity of 65000 direct labor hours is $3 per hour variable and $2 per hour fixed. In May, $333200 of overhead was incurred in working 68000 hours when 71500 standard hours were allowed. The overhead volume variance is $24300 favorable. O $23500 favorable. $13000 favorable. $17500 favorable. Save for Later Attempts: 0 of 1 used Submit